71, MILTON ROAD, GRAVESEND, DA12 2PP - £240,000

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.

71 MILTON ROAD is a very small terraced house of 66m², built sometime between 1967 and 1975, which could now be worth an estimated £291,529. It was last sold for £240,000 in April 2018, which was around 6% below the average April 2018 terraced price in the Gravesham local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

71 MILTON ROAD Sold Prices

Land registry data shows two sales for 71 MILTON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Gravesham local authority area for the corresponding sale date. Both of the two 71 MILTON 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
2018 25 APR	£240,000	£256,535	6% below HPI
2001 9 NOV	£86,000	£94,469	9% below HPI

71 MILTON ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gravesham local authority area over time, sourced from the HPI. The two 71 MILTON ROAD sales from November 2001 and April 2018 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 November 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2018 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 71 MILTON ROAD be worth now?

71 MILTON ROAD might now be worth an estimated £291,529.

This is based on house price inflation of 21.5%, between April 2018 and April 2026, for terraced 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 21.5% inflationary increase is applied to the most recent sale price for 71 MILTON ROAD of £240,000 on 25th April 2018. For the value to have increased from £240,000 to £291,529 over the eight years to April 2026, the following assumptions must hold true:

• The value of 71 MILTON ROAD has moved in line with the HPI for terraced houses in the Gravesham local authority area.
• The April 2018 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 71 MILTON ROAD has not materially changed since April 2018.

How Large is 71 MILTON ROAD?

71 MILTON ROAD is 66m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 10% of terraced houses houses in Gravesend, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gravesend, and where 71 MILTON ROAD lies on this distribution: 5% of terraced houses houses are smaller than 71 MILTON ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

71 MILTON ROAD: Plot and Title Map

71 MILTON ROAD sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 71 MILTON 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 71 MILTON 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 71 MILTON ROAD?

71 MILTON ROAD is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 71 on MILTON ROAD.