BROADVIEW, FORGE LANE, SHORNE, GRAVESEND, DA12 3DP - £520,000

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.

BROADVIEW is a very large detached house of 172m², built sometime between 2003 and 2006, which could now be worth an estimated £604,090. It was last sold for £520,000 in December 2019, which was around 2% below the average December 2019 detached price in the Gravesham local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

BROADVIEW Sold Prices

Land registry data shows four sales for BROADVIEW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. Most of the four BROADVIEW 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
2019 13 DEC	£520,000	£530,031	2% below HPI
2014 11 AUG	£445,000	£384,503	16% above HPI
2006 30 JUN	£335,000	£315,402	6% above HPI
2004 20 FEB	£332,000	£293,781	13% above HPI

BROADVIEW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gravesham local authority area over time, sourced from the HPI. The four BROADVIEW sales between February 2004 and December 2019 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 August 2014 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the December 2019 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might BROADVIEW be worth now?

BROADVIEW might now be worth an estimated £604,090.

This is based on house price inflation of 16.2%, between December 2019 and April 2026, for 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 16.2% inflationary increase is applied to the most recent sale price for BROADVIEW of £520,000 on 13th December 2019. For the value to have increased from £520,000 to £604,090 over the seven years and eight months to April 2026, the following assumptions must hold true:

• The value of BROADVIEW has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The December 2019 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of BROADVIEW has not materially changed since December 2019.

How Large is BROADVIEW?

BROADVIEW is 172m² according to the EPC inspection conducted in October 2013. This puts it in the largest 20% of detached houses houses in Shorne, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shorne, and where BROADVIEW lies on this distribution: 83% of detached houses houses are smaller than BROADVIEW, and 17% of houses are larger. Note that EPC data is not available for all properties in Shorne.

BROADVIEW: Plot and Title Map

BROADVIEW sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of BROADVIEW, 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 BROADVIEW). 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 BROADVIEW?

BROADVIEW is located on FORGE LANE in SHORNE, in the DA12 postcode district. The below map shows the position of BROADVIEW on FORGE LANE.