34, THOMAS DRIVE, GRAVESEND, DA12 5PZ - £205,000

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.

34 THOMAS DRIVE is a very small semi-detached house of 75m², built sometime between 1996 and 2002, which could now be worth an estimated £344,562. It was last sold for £205,000 in July 2014, which was around 13% below the average July 2014 semi-detached price in the Gravesham local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

34 THOMAS DRIVE Sold Prices

Land registry data shows two sales for 34 THOMAS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gravesham local authority area for the corresponding sale date. Both of the two 34 THOMAS DRIVE 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
2014 9 JUL	£205,000	£234,730	13% below HPI
2001 20 DEC	£119,000	£124,622	5% below HPI

34 THOMAS DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gravesham local authority area over time, sourced from the HPI. The two 34 THOMAS DRIVE sales from December 2001 and July 2014 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 December 2001 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the July 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 34 THOMAS DRIVE be worth now?

34 THOMAS DRIVE might now be worth an estimated £344,562.

This is based on house price inflation of 68.1%, between July 2014 and May 2026, for semi-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 68.1% inflationary increase is applied to the most recent sale price for 34 THOMAS DRIVE of £205,000 on 9th July 2014. For the value to have increased from £205,000 to £344,562 over the twelve years and two months to May 2026, the following assumptions must hold true:

• The value of 34 THOMAS DRIVE has moved in line with the HPI for semi-detached houses in the Gravesham local authority area.
• The July 2014 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 34 THOMAS DRIVE has not materially changed since July 2014.

How Large is 34 THOMAS DRIVE?

34 THOMAS DRIVE is 75m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of semi-detached houses houses in Gravesend, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gravesend, and where 34 THOMAS DRIVE lies on this distribution: 9% of semi-detached houses houses are smaller than 34 THOMAS DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

34 THOMAS DRIVE: Plot and Title Map

34 THOMAS DRIVE sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 34 THOMAS DRIVE, 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 34 THOMAS DRIVE). 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 34 THOMAS DRIVE?

34 THOMAS DRIVE is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 34 on THOMAS DRIVE.