23, THONG LANE, GRAVESEND, DA12 4LB - £375,000

23 THONG LANE is a very small detached house of 85m², built sometime between 1950 and 1966. It was last sold for £375,000 in June 2022, which was around 42% below the average June 2022 detached price in the Gravesham local authority area. The most recent EPC inspection was June 2021, where the current energy rating was E, and the potential energy rating was B.

23 THONG LANE Sold Prices

Land registry data shows two sales for 23 THONG LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. Both of the two 23 THONG LANE sales were for below 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
2022 1 JUN	£375,000	£649,600	42% below HPI
2003 27 JAN	£200,000	£284,084	30% below HPI

23 THONG LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gravesham local authority area over time, sourced from the HPI. The two 23 THONG LANE sales from January 2003 and June 2022 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 January 2003 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2022 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 23 THONG LANE?

23 THONG LANE is 85m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses in Gravesend, based on EPC data. The below chart shows the distribution of detached houses by size in Gravesend, and where 23 THONG LANE lies on this distribution: 18% of detached houses are smaller than 23 THONG LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

23 THONG LANE: Plot and Title Map

23 THONG LANE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 23 THONG LANE, 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 THONG LANE). 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 THONG LANE?

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