23A, REEDHAM CRESCENT, CLIFFE WOODS, ROCHESTER, ME3 8HT - £375,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23A REEDHAM CRESCENT is a small detached house of 95m², which could now be worth an estimated £450,943. It was last sold for £375,000 in January 2019, which was around 15% below the average January 2019 detached price in the Medway local authority area. The most recent EPC inspection was June 2014, where the current energy rating was B, and the potential energy rating was A.

23A REEDHAM CRESCENT Sold Prices

Land registry data shows three sales for 23A REEDHAM CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 23A REEDHAM CRESCENT 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
2019 4 JAN	£375,000	£442,906	15% below HPI
2014 19 JUN	£153,000	£300,799	49% below HPI
2001 12 SEP	£115,000	£167,241	31% below HPI

23A REEDHAM CRESCENT 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 three 23A REEDHAM CRESCENT sales between September 2001 and January 2019 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 June 2014 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the January 2019 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 23A REEDHAM CRESCENT be worth now?

23A REEDHAM CRESCENT might now be worth an estimated £450,943.

This is based on house price inflation of 20.3%, between January 2019 and December 2024, 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 20.3% inflationary increase is applied to the most recent sale price for 23A REEDHAM CRESCENT of £375,000 on 4th January 2019. For the value to have increased from £375,000 to £450,943 over the four years and one month to December 2024, the following assumptions must hold true:

• The value of 23A REEDHAM CRESCENT has moved in line with the HPI for detached houses in the Medway local authority area.
• The January 2019 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 23A REEDHAM CRESCENT has not materially changed since January 2019.

How Large is 23A REEDHAM CRESCENT?

23A REEDHAM CRESCENT is 95m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% 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 23A REEDHAM CRESCENT lies on this distribution: 22% of detached houses houses are smaller than 23A REEDHAM CRESCENT, and 78% of houses are larger. Note that EPC data is not available for all properties in Cliffe Woods.

23A REEDHAM CRESCENT: Plot and Title Map

23A REEDHAM CRESCENT sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 23A REEDHAM CRESCENT, 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 23A REEDHAM CRESCENT). 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 23A REEDHAM CRESCENT?

23A REEDHAM CRESCENT is located in CLIFFE WOODS, in the ME3 postcode district. The below map shows the position of No. 23A on REEDHAM CRESCENT.