2, MICHAEL GARDENS, GRAVESEND, DA12 4QA - £300,000

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.

2 MICHAEL GARDENS is a small terraced house of 69m², built sometime between 1950 and 1966, which could now be worth an estimated £363,067. It was last sold for £300,000 in December 2018, which was around 17% above the average December 2018 terraced price in the Gravesham local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

2 MICHAEL GARDENS Sold Prices

Land registry data shows one sale for 2 MICHAEL GARDENS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Gravesham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 19 DEC	£300,000	£257,485	17% above HPI

What might 2 MICHAEL GARDENS be worth now?

2 MICHAEL GARDENS might now be worth an estimated £363,067.

This is based on house price inflation of 21%, between December 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% inflationary increase is applied to the most recent sale price for 2 MICHAEL GARDENS of £300,000 on 19th December 2018. For the value to have increased from £300,000 to £363,067 over the eight years and eight months to April 2026, the following assumptions must hold true:

• The value of 2 MICHAEL GARDENS has moved in line with the HPI for terraced houses in the Gravesham local authority area.
• The December 2018 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MICHAEL GARDENS has not materially changed since December 2018.

How Large is 2 MICHAEL GARDENS?

2 MICHAEL GARDENS is 69m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 30% of terraced houses in Gravesend, based on EPC data. The below chart shows the distribution of terraced houses by size in Gravesend, and where 2 MICHAEL GARDENS lies on this distribution: 23% of terraced houses are smaller than 2 MICHAEL GARDENS, and 75% of terraced houses are larger. Note that EPC data is not available for all properties in Gravesend.

2 MICHAEL GARDENS: Plot

2 MICHAEL GARDENS sits on a plot of roughly 0.084 of an acre, or 339m².

Where is 2 MICHAEL GARDENS?

2 MICHAEL GARDENS is located in GRAVESEND, in the DA12 postcode district.