27, PRESTON ROAD, NORTHFLEET, GRAVESEND, DA11 8DF - £325,000

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.

27 PRESTON ROAD is a small extended detached house of 95m², built sometime between 1930 and 1949, which could now be worth an estimated £385,025. It was last sold for £325,000 in September 2019, which was around 37% below the average September 2019 detached price in the Gravesham local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was B.

27 PRESTON ROAD Sold Prices

Land registry data shows four sales for 27 PRESTON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. All of the four 27 PRESTON ROAD 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
2019 5 SEP	£325,000	£514,887	37% below HPI
2017 27 OCT	£300,000	£517,794	42% below HPI
2007 3 AUG	£213,000	£349,157	39% below HPI
2005 28 SEP	£184,500	£305,216	40% below HPI

27 PRESTON ROAD 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 four 27 PRESTON ROAD sales between September 2005 and September 2019 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 October 2017 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2019 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 27 PRESTON ROAD be worth now?

27 PRESTON ROAD might now be worth an estimated £385,025.

This is based on house price inflation of 18.5%, between September 2019 and May 2026, for detached 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 18.5% inflationary increase is applied to the most recent sale price for 27 PRESTON ROAD of £325,000 on 5th September 2019. For the value to have increased from £325,000 to £385,025 over the seven years and four months to May 2026, the following assumptions must hold true:

• The value of 27 PRESTON ROAD has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The September 2019 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 27 PRESTON ROAD has not materially changed since September 2019.

How Large is 27 PRESTON ROAD?

27 PRESTON ROAD is 95m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 40% of detached houses houses in Northfleet, based on EPC data. The below chart shows the distribution of detached houses houses by size in Northfleet, and where 27 PRESTON ROAD lies on this distribution: 36% of detached houses houses are smaller than 27 PRESTON ROAD, and 63% of houses are larger. Note that EPC data is not available for all properties in Northfleet.

27 PRESTON ROAD: Plot and Title Map

27 PRESTON ROAD sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 27 PRESTON ROAD, 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 27 PRESTON ROAD). 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 27 PRESTON ROAD?

27 PRESTON ROAD is located in NORTHFLEET, in the DA11 postcode district. The below map shows the position of No. 27 on PRESTON ROAD.