29, GRAVENEY CLOSE, CLIFFE WOODS, ROCHESTER, ME3 8LB - £415,000

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.

29 GRAVENEY CLOSE is a small extended detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £442,110. It was last sold for £415,000 in February 2024, which was around 18% below the average February 2024 detached price in the Medway local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

29 GRAVENEY CLOSE Sold Prices

Land registry data shows two sales for 29 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. Both of the two 29 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
2024 21 FEB	£415,000	£505,640	18% below HPI
2009 3 JUL	£210,000	£236,632	11% below HPI

29 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 29 GRAVENEY CLOSE sales from July 2009 and February 2024 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 July 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2024 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 29 GRAVENEY CLOSE be worth now?

29 GRAVENEY CLOSE might now be worth an estimated £442,110.

This is based on house price inflation of 6.5%, between February 2024 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 6.5% inflationary increase is applied to the most recent sale price for 29 GRAVENEY CLOSE of £415,000 on 21st February 2024. For the value to have increased from £415,000 to £442,110 over the one year to February 2025, the following assumptions must hold true:

• The value of 29 GRAVENEY CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The February 2024 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 29 GRAVENEY CLOSE has not materially changed since February 2024.

How Large is 29 GRAVENEY CLOSE?

29 GRAVENEY CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in July 2023. 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 29 GRAVENEY CLOSE lies on this distribution: 23% of detached houses houses are smaller than 29 GRAVENEY CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Cliffe Woods.

29 GRAVENEY CLOSE: Plot and Title Map

29 GRAVENEY CLOSE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 29 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 29 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 29 GRAVENEY CLOSE?

29 GRAVENEY CLOSE is located in CLIFFE WOODS, in the ME3 postcode district. The below map shows the position of No. 29 on GRAVENEY CLOSE.