38, FLOWERHILL WAY, ISTEAD RISE, GRAVESEND, DA13 9DQ - £491,000

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.

38 FLOWERHILL WAY is a large extended semi-detached house of 135m², built sometime between 1967 and 1975, which could now be worth an estimated £609,579. It was last sold for £491,000 in July 2020, which was around 50% above the average July 2020 semi-detached price in the Gravesham local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

38 FLOWERHILL WAY Sold Prices

Land registry data shows two sales for 38 FLOWERHILL WAY 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. One of the two 38 FLOWERHILL WAY sales was for above the average price, whilst the other was 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
2020 29 JUL	£491,000	£326,573	50% above HPI
2016 10 JUN	£301,000	£303,452	1% below HPI

38 FLOWERHILL WAY 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 38 FLOWERHILL WAY sales from June 2016 and July 2020 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 June 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2020 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 38 FLOWERHILL WAY be worth now?

38 FLOWERHILL WAY might now be worth an estimated £609,579.

This is based on house price inflation of 24.2%, between July 2020 and February 2025, 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 24.2% inflationary increase is applied to the most recent sale price for 38 FLOWERHILL WAY of £491,000 on 29th July 2020. For the value to have increased from £491,000 to £609,579 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 38 FLOWERHILL WAY has moved in line with the HPI for semi-detached houses in the Gravesham local authority area.
• The July 2020 sale price of £491,000 represented a fair market value for the property.
• The size, condition, and specification of 38 FLOWERHILL WAY has not materially changed since July 2020.

How Large is 38 FLOWERHILL WAY?

38 FLOWERHILL WAY is 135m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 30% of semi-detached houses houses in Istead Rise, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Istead Rise, and where 38 FLOWERHILL WAY lies on this distribution: 73% of semi-detached houses houses are smaller than 38 FLOWERHILL WAY, and 27% of houses are larger. Note that EPC data is not available for all properties in Istead Rise.

38 FLOWERHILL WAY: Plot and Title Map

38 FLOWERHILL WAY sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 38 FLOWERHILL 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 38 FLOWERHILL 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 38 FLOWERHILL WAY?

38 FLOWERHILL WAY is located in ISTEAD RISE, in the DA13 postcode district. The below map shows the position of No. 38 on FLOWERHILL WAY.