8, THOMAS DRIVE, GRAVESEND, DA12 5PZ - £278,000

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.

8 THOMAS DRIVE is a small extended semi-detached house of 107m², built sometime between 1900 and 1929, which could now be worth an estimated £309,017. It was last sold for £278,000 in June 2021, which was around 22% below the average June 2021 semi-detached price in the Gravesham local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

8 THOMAS DRIVE Sold Prices

Land registry data shows two sales for 8 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 8 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
2021 29 JUN	£278,000	£354,932	22% below HPI
2008 27 JUN	£153,000	£219,850	30% below HPI

8 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 8 THOMAS DRIVE sales from June 2008 and June 2021 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 2008 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 8 THOMAS DRIVE be worth now?

8 THOMAS DRIVE might now be worth an estimated £309,017.

This is based on house price inflation of 11.2%, between June 2021 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 11.2% inflationary increase is applied to the most recent sale price for 8 THOMAS DRIVE of £278,000 on 29th June 2021. For the value to have increased from £278,000 to £309,017 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 8 THOMAS DRIVE has moved in line with the HPI for semi-detached houses in the Gravesham local authority area.
• The June 2021 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THOMAS DRIVE has not materially changed since June 2021.

How Large is 8 THOMAS DRIVE?

8 THOMAS DRIVE is 107m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the smallest 40% 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 8 THOMAS DRIVE lies on this distribution: 38% of semi-detached houses houses are smaller than 8 THOMAS DRIVE, and 61% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

8 THOMAS DRIVE: Plot and Title Map

8 THOMAS DRIVE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 8 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 8 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 8 THOMAS DRIVE?

8 THOMAS DRIVE is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 8 on THOMAS DRIVE.