16, ELMFIELD CLOSE, GRAVESEND, DA11 0LP - £281,000

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.

16 ELMFIELD CLOSE is a very small semi-detached house of 60m², built sometime between 1930 and 1949, which could now be worth an estimated £332,354. It was last sold for £281,000 in December 2020, which was around 18% below the average December 2020 semi-detached price in the Gravesham local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

16 ELMFIELD CLOSE Sold Prices

Land registry data shows two sales for 16 ELMFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Gravesham local authority area for the corresponding sale date. One of the two 16 ELMFIELD CLOSE sales was for below the average price, whilst the other was 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
2020 21 DEC	£281,000	£342,795	18% below HPI
1996 28 NOV	£75,000	£66,543	13% above HPI

16 ELMFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Gravesham local authority area over time, sourced from the HPI. The two 16 ELMFIELD CLOSE sales from November 1996 and December 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 November 1996 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the December 2020 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 16 ELMFIELD CLOSE be worth now?

16 ELMFIELD CLOSE might now be worth an estimated £332,354.

This is based on house price inflation of 18.3%, between December 2020 and February 2025, for semi-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 18.3% inflationary increase is applied to the most recent sale price for 16 ELMFIELD CLOSE of £281,000 on 21st December 2020. For the value to have increased from £281,000 to £332,354 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 16 ELMFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Gravesham local authority area.
• The December 2020 sale price of £281,000 represented a fair market value for the property.
• The size, condition, and specification of 16 ELMFIELD CLOSE has not materially changed since December 2020.

How Large is 16 ELMFIELD CLOSE?

16 ELMFIELD CLOSE is 60m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 10% of semi-detached houses houses in Gravesend, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gravesend, and where 16 ELMFIELD CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 16 ELMFIELD CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

16 ELMFIELD CLOSE: Plot and Title Map

16 ELMFIELD CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 16 ELMFIELD CLOSE, 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 16 ELMFIELD CLOSE). 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 16 ELMFIELD CLOSE?

16 ELMFIELD CLOSE is located in GRAVESEND, in the DA11 postcode district. The below map shows the position of No. 16 on ELMFIELD CLOSE.