23, SPRING GROVE, GRAVESEND, DA12 1LL - £385,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 SPRING GROVE is a small extended terraced house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £423,368. It was last sold for £385,000 in July 2021, which was around 36% above the average July 2021 terraced price in the Gravesham local authority area. The most recent EPC inspection was July 2012, where the current energy rating was F, and the potential energy rating was C.

23 SPRING GROVE Sold Prices

Land registry data shows three sales for 23 SPRING GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Gravesham local authority area for the corresponding sale date. All of the three 23 SPRING GROVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 23 JUL	£385,000	£283,374	36% above HPI
2013 28 MAY	£250,000	£168,566	48% above HPI
2006 20 DEC	£238,000	£164,954	44% above HPI

23 SPRING GROVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gravesham local authority area over time, sourced from the HPI. The three 23 SPRING GROVE sales between December 2006 and July 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2013 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the July 2021 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 23 SPRING GROVE be worth now?

23 SPRING GROVE might now be worth an estimated £423,368.

This is based on house price inflation of 10%, between July 2021 and April 2026, for terraced houses, in the Gravesham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10% inflationary increase is applied to the most recent sale price for 23 SPRING GROVE of £385,000 on 23rd July 2021. For the value to have increased from £385,000 to £423,368 over the five years and three months to April 2026, the following assumptions must hold true:

• The value of 23 SPRING GROVE has moved in line with the HPI for terraced houses in the Gravesham local authority area.
• The July 2021 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SPRING GROVE has not materially changed since July 2021.

How Large is 23 SPRING GROVE?

23 SPRING GROVE is 99m², which includes two extensions, according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% of terraced houses houses in Gravesend, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gravesend, and where 23 SPRING GROVE lies on this distribution: 31% of terraced houses houses are smaller than 23 SPRING GROVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

23 SPRING GROVE: Plot and Title Map

23 SPRING GROVE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 23 SPRING GROVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 23 SPRING GROVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 23 SPRING GROVE?

23 SPRING GROVE is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 23 on SPRING GROVE.