21, GRAVENEY CLOSE, CLIFFE WOODS, ROCHESTER, ME3 8LB - £348,000

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.

21 GRAVENEY CLOSE is a very small extended detached house of 83m², built sometime between 1983 and 1990, which could now be worth an estimated £405,169. It was last sold for £348,000 in June 2021, which was around 25% below the average June 2021 detached price in the Medway local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was C.

21 GRAVENEY CLOSE Sold Prices

Land registry data shows four sales for 21 GRAVENEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 21 GRAVENEY CLOSE sales were for below 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
2021 3 JUN	£348,000	£462,665	25% below HPI
2015 27 NOV	£281,000	£358,997	22% below HPI
2012 1 JUN	£200,000	£261,343	23% below HPI
2006 23 NOV	£215,000	£268,918	20% below HPI

21 GRAVENEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The four 21 GRAVENEY CLOSE sales between November 2006 and June 2021 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 2015 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 21 GRAVENEY CLOSE be worth now?

21 GRAVENEY CLOSE might now be worth an estimated £405,169.

This is based on house price inflation of 16.4%, between June 2021 and February 2025, for detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.4% inflationary increase is applied to the most recent sale price for 21 GRAVENEY CLOSE of £348,000 on 3rd June 2021. For the value to have increased from £348,000 to £405,169 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 21 GRAVENEY CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The June 2021 sale price of £348,000 represented a fair market value for the property.
• The size, condition, and specification of 21 GRAVENEY CLOSE has not materially changed since June 2021.

How Large is 21 GRAVENEY CLOSE?

21 GRAVENEY CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% of detached houses houses in Cliffe Woods, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cliffe Woods, and where 21 GRAVENEY CLOSE lies on this distribution: 10% of detached houses houses are smaller than 21 GRAVENEY CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Cliffe Woods.

21 GRAVENEY CLOSE: Plot and Title Map

21 GRAVENEY CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 21 GRAVENEY 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 21 GRAVENEY 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 21 GRAVENEY CLOSE?

21 GRAVENEY CLOSE is located in CLIFFE WOODS, in the ME3 postcode district. The below map shows the position of No. 21 on GRAVENEY CLOSE.