3, SPRINGVALE, IWADE, SITTINGBOURNE, ME9 8RY - £280,000

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.

3 SPRINGVALE is a small extended semi-detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £328,825. It was last sold for £280,000 in September 2019, which was around 5% above the average September 2019 semi-detached price in the Swale local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

3 SPRINGVALE Sold Prices

Land registry data shows three sales for 3 SPRINGVALE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Swale local authority area for the corresponding sale date. One of the three 3 SPRINGVALE sales was for above the average price, whilst two 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 27 SEP	£280,000	£265,984	5% above HPI
2008 18 JAN	£165,000	£184,212	10% below HPI
2001 23 MAR	£79,000	£85,368	7% below HPI

3 SPRINGVALE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Swale local authority area over time, sourced from the HPI. The three 3 SPRINGVALE sales between March 2001 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 January 2008 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2019 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 3 SPRINGVALE be worth now?

3 SPRINGVALE might now be worth an estimated £328,825.

This is based on house price inflation of 17.4%, between September 2019 and April 2026, for semi-detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.4% inflationary increase is applied to the most recent sale price for 3 SPRINGVALE of £280,000 on 27th September 2019. For the value to have increased from £280,000 to £328,825 over the seven years and five months to April 2026, the following assumptions must hold true:

• The value of 3 SPRINGVALE has moved in line with the HPI for semi-detached houses in the Swale local authority area.
• The September 2019 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SPRINGVALE has not materially changed since September 2019.

How Large is 3 SPRINGVALE?

3 SPRINGVALE is 91m², which includes two extensions, according to the EPC inspection conducted in June 2019. This puts it in the smallest 30% of semi-detached houses houses in Iwade, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Iwade, and where 3 SPRINGVALE lies on this distribution: 22% of semi-detached houses houses are smaller than 3 SPRINGVALE, and 77% of houses are larger. Note that EPC data is not available for all properties in Iwade.

3 SPRINGVALE: Plot and Title Map

3 SPRINGVALE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 3 SPRINGVALE, 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 3 SPRINGVALE). 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 3 SPRINGVALE?

3 SPRINGVALE is located in IWADE, in the ME9 postcode district. The below map shows the position of No. 3 on SPRINGVALE.