74, THONG LANE, GRAVESEND, DA12 4LD - £241,000

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.

74 THONG LANE is a small terraced house of 90m², built sometime between 1930 and 1949, which could now be worth an estimated £332,143. It was last sold for £241,000 in October 2015, which was around 7% above the average October 2015 terraced price in the Gravesham local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

74 THONG LANE Sold Prices

Land registry data shows two sales for 74 THONG LANE 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 74 THONG LANE sales 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
2015 7 OCT	£241,000	£225,512	7% above HPI
2010 12 NOV	£175,000	£159,654	10% above HPI

74 THONG LANE 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 74 THONG LANE sales from November 2010 and October 2015 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 2010 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2015 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 74 THONG LANE be worth now?

74 THONG LANE might now be worth an estimated £332,143.

This is based on house price inflation of 37.8%, between October 2015 and May 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 37.8% inflationary increase is applied to the most recent sale price for 74 THONG LANE of £241,000 on 7th October 2015. For the value to have increased from £241,000 to £332,143 over the eleven years and five months to May 2026, the following assumptions must hold true:

• The value of 74 THONG LANE has moved in line with the HPI for terraced houses in the Gravesham local authority area.
• The October 2015 sale price of £241,000 represented a fair market value for the property.
• The size, condition, and specification of 74 THONG LANE has not materially changed since October 2015.

How Large is 74 THONG LANE?

74 THONG LANE is 90m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 30% 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 74 THONG LANE lies on this distribution: 23% of terraced houses houses are smaller than 74 THONG LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

74 THONG LANE: Plot and Title Map

74 THONG LANE sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 74 THONG LANE, 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 74 THONG LANE). 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 74 THONG LANE?

74 THONG LANE is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 74 on THONG LANE.