THE OAKS, TELEGRAPH HILL, HIGHAM, ROCHESTER, ME3 7NW - £940,000

THE OAKS is a very large extended detached house of 295m², built sometime between 1983 and 1990. It was last sold for £940,000 in October 2018, which was around 70% above the average October 2018 detached price in the Gravesham local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

THE OAKS Sold Prices

Land registry data shows two sales for THE OAKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. Both of the two THE OAKS 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
2018 26 OCT	£940,000	£553,488	70% above HPI
2008 18 AUG	£560,000	£349,396	60% above HPI

THE 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 two THE OAKS sales from August 2008 and October 2018 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 2008 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the October 2018 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

How Large is THE OAKS?

THE OAKS is 295m², which includes one extension, according to the EPC inspection conducted in April 2012. This puts it in the largest 10% of detached houses in Higham, based on EPC data. The below chart shows the distribution of detached houses by size in Higham, and where THE OAKS lies on this distribution: 91% of detached houses are smaller than THE OAKS, and 9% of houses are larger. Note that EPC data is not available for all properties in Higham.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.291 of an acre, or 1,179m². The below map shows the location of THE 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 THE 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 THE OAKS?

THE OAKS is located on TELEGRAPH HILL in HIGHAM, in the ME3 postcode district. The below map shows the position of THE OAKS on TELEGRAPH HILL.