27, GRAVENEY CLOSE, CLIFFE WOODS, ROCHESTER, ME3 8LB - £265,000

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

27 GRAVENEY CLOSE is a small detached house of 105m², built sometime between 1983 and 1990, which could now be worth an estimated £526,254. It was last sold for £265,000 in May 2013, which was around 1% below the average May 2013 detached price in the Medway local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

27 GRAVENEY CLOSE Sold Prices

Land registry data shows two sales for 27 GRAVENEY 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 Medway local authority area for the corresponding sale date. One of the two 27 GRAVENEY 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
2013 28 MAY	£265,000	£268,196	1% below HPI
2000 25 FEB	£128,500	£125,734	2% above HPI

27 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 two 27 GRAVENEY CLOSE sales from February 2000 and May 2013 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 February 2000 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2013 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 27 GRAVENEY CLOSE be worth now?

27 GRAVENEY CLOSE might now be worth an estimated £526,254.

This is based on house price inflation of 98.6%, between May 2013 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 98.6% inflationary increase is applied to the most recent sale price for 27 GRAVENEY CLOSE of £265,000 on 28th May 2013. For the value to have increased from £265,000 to £526,254 over the ten years and five months to December 2024, the following assumptions must hold true:

• The value of 27 GRAVENEY CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The May 2013 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 27 GRAVENEY CLOSE has not materially changed since May 2013.

How Large is 27 GRAVENEY CLOSE?

27 GRAVENEY CLOSE is 105m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 40% 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 27 GRAVENEY CLOSE lies on this distribution: 35% of detached houses houses are smaller than 27 GRAVENEY CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Cliffe Woods.

27 GRAVENEY CLOSE: Plot and Title Map

27 GRAVENEY CLOSE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 27 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 27 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 27 GRAVENEY CLOSE?

27 GRAVENEY CLOSE is located in CLIFFE WOODS, in the ME3 postcode district. The below map shows the position of No. 27 on GRAVENEY CLOSE.