DOUBLE OAKS, RIDGE LANE, MEOPHAM, GRAVESEND, DA13 0DP - £560,000

DOUBLE OAKS is a midsized detached house of 140m², built sometime between 1983 and 1990. It was last sold for £560,000 in September 2020, which was about the average September 2020 detached price in the Gravesham local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was D.

DOUBLE OAKS Sold Prices

Land registry data shows three sales for DOUBLE OAKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. The three DOUBLE OAKS sales were a mix of roughly equal to the average price, and 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
2020 22 SEP	£560,000	£557,556	Close to HPI
2017 2 JUN	£560,000	£528,563	6% above HPI
2010 6 AUG	£385,000	£345,743	11% above HPI

DOUBLE OAKS 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 three DOUBLE OAKS sales between August 2010 and September 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 2017 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is DOUBLE OAKS?

DOUBLE OAKS is 140m² according to the EPC inspection conducted in January 2020. This puts it in the largest 50% of detached houses in Culverstone Green, based on EPC data. The below chart shows the distribution of detached houses by size in Culverstone Green, and where DOUBLE OAKS lies on this distribution: 53% of detached houses are smaller than DOUBLE OAKS, and 46% of houses are larger. Note that EPC data is not available for all properties in Culverstone Green.

DOUBLE OAKS: Plot and Title Map

DOUBLE OAKS sits on a plot of roughly 0.195 of an acre, or 789m². The below map shows the location of DOUBLE OAKS, 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 DOUBLE OAKS). 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 DOUBLE OAKS?

DOUBLE OAKS is located on RIDGE LANE in MEOPHAM, in the DA13 postcode district. The below map shows the position of DOUBLE OAKS on RIDGE LANE.