3, TEAL WAY, IWADE, SITTINGBOURNE, ME9 8WR - £484,000

3 TEAL WAY is a midsized detached house of 104m², built sometime between 1996 and 2002. It was last sold for £484,000 in September 2022, which was around 1% below the average September 2022 detached price in the Swale local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

3 TEAL WAY Sold Prices

Land registry data shows three sales for 3 TEAL WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Swale local authority area for the corresponding sale date. One of the three 3 TEAL WAY sales was for below the average price, whilst two 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
2022 30 SEP	£484,000	£486,920	1% below HPI
2003 24 JAN	£210,000	£203,983	3% above HPI
2001 29 JUN	£160,000	£147,084	9% above HPI

3 TEAL WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The three 3 TEAL WAY sales between June 2001 and September 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 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2022 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 3 TEAL WAY?

3 TEAL WAY is 104m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 50% of detached houses in Iwade, based on EPC data. The below chart shows the distribution of detached houses by size in Iwade, and where 3 TEAL WAY lies on this distribution: 40% of detached houses are smaller than 3 TEAL WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Iwade.

3 TEAL WAY: Plot and Title Map

3 TEAL WAY sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 3 TEAL WAY, 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 TEAL WAY). 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 TEAL WAY?

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