8, PROSPECT PLACE, GRAVESEND, DA12 2SD - £187,000

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 PROSPECT PLACE is a midsized terraced house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £300,697. It was last sold for £187,000 in December 2014, which was around 3% below the average December 2014 terraced price in the Gravesham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

8 PROSPECT PLACE Sold Prices

Land registry data shows one sale for 8 PROSPECT PLACE 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
2014 18 DEC	£187,000	£193,282	3% below HPI

What might 8 PROSPECT PLACE be worth now?

8 PROSPECT PLACE might now be worth an estimated £300,697.

This is based on house price inflation of 60.8%, between December 2014 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 60.8% inflationary increase is applied to the most recent sale price for 8 PROSPECT PLACE of £187,000 on 18th December 2014. For the value to have increased from £187,000 to £300,697 over the twelve years and seven months to May 2026, the following assumptions must hold true:

• The value of 8 PROSPECT PLACE has moved in line with the HPI for terraced houses in the Gravesham local authority area.
• The December 2014 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PROSPECT PLACE has not materially changed since December 2014.

How Large is 8 PROSPECT PLACE?

8 PROSPECT PLACE is 83m² according to the EPC inspection conducted in September 2014. This puts it in the largest 50% of terraced houses in Gravesend, based on EPC data. The below chart shows the distribution of terraced houses by size in Gravesend, and where 8 PROSPECT PLACE lies on this distribution: 51% of terraced houses are smaller than 8 PROSPECT PLACE, and 47% of terraced houses are larger. Note that EPC data is not available for all properties in Gravesend.

8 PROSPECT PLACE: Plot

8 PROSPECT PLACE sits on a plot of roughly 0.046 of an acre, or 188m².

Where is 8 PROSPECT PLACE?

8 PROSPECT PLACE is located in GRAVESEND, in the DA12 postcode district.