2, CHELTENHAM CLOSE, GRAVESEND, DA12 5DX - £487,500

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 CHELTENHAM CLOSE is a midsized detached house of 111m², built sometime between 1983 and 1990, which could now be worth an estimated £642,261. It was last sold for £487,500 in March 2016, which was around 2% above the average March 2016 detached price in the Gravesham local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was B.

2 CHELTENHAM CLOSE Sold Prices

Land registry data shows two sales for 2 CHELTENHAM CLOSE 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 2 CHELTENHAM CLOSE 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
2016 30 MAR	£487,500	£477,301	2% above HPI
2010 8 JAN	£352,500	£313,430	12% above HPI

2 CHELTENHAM CLOSE 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 2 CHELTENHAM CLOSE sales from January 2010 and March 2016 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 January 2010 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the March 2016 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 2 CHELTENHAM CLOSE be worth now?

2 CHELTENHAM CLOSE might now be worth an estimated £642,261.

This is based on house price inflation of 31.7%, between March 2016 and February 2025, for 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 31.7% inflationary increase is applied to the most recent sale price for 2 CHELTENHAM CLOSE of £487,500 on 30th March 2016. For the value to have increased from £487,500 to £642,261 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 2 CHELTENHAM CLOSE has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The March 2016 sale price of £487,500 represented a fair market value for the property.
• The size, condition, and specification of 2 CHELTENHAM CLOSE has not materially changed since March 2016.

How Large is 2 CHELTENHAM CLOSE?

2 CHELTENHAM CLOSE is 111m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 50% of detached houses houses in Gravesend, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gravesend, and where 2 CHELTENHAM CLOSE lies on this distribution: 43% of detached houses houses are smaller than 2 CHELTENHAM CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

2 CHELTENHAM CLOSE: Plot and Title Map

2 CHELTENHAM CLOSE sits on a plot of roughly 0.128 of an acre, or 518m². The below map shows the location of 2 CHELTENHAM 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 2 CHELTENHAM 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 2 CHELTENHAM CLOSE?

2 CHELTENHAM CLOSE is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 2 on CHELTENHAM CLOSE.