31, THE BRAES, HIGHAM, ROCHESTER, ME3 7NA - £380,000

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.

31 THE BRAES is a midsized detached house of 121m², built sometime between 1976 and 1982, which could now be worth an estimated £480,986. It was last sold for £380,000 in August 2016, which was around 24% below the average August 2016 detached price in the Gravesham local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

31 THE BRAES Sold Prices

Land registry data shows two sales for 31 THE BRAES 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 31 THE BRAES 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
2016 26 AUG	£380,000	£496,798	24% below HPI
2004 16 AUG	£272,500	£297,194	8% below HPI

31 THE BRAES 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 31 THE BRAES sales from August 2004 and August 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 August 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 31 THE BRAES be worth now?

31 THE BRAES might now be worth an estimated £480,986.

This is based on house price inflation of 26.6%, between August 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 26.6% inflationary increase is applied to the most recent sale price for 31 THE BRAES of £380,000 on 26th August 2016. For the value to have increased from £380,000 to £480,986 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 31 THE BRAES has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The August 2016 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 31 THE BRAES has not materially changed since August 2016.

How Large is 31 THE BRAES?

31 THE BRAES is 121m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 50% of detached houses houses in Higham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Higham, and where 31 THE BRAES lies on this distribution: 42% of detached houses houses are smaller than 31 THE BRAES, and 58% of houses are larger. Note that EPC data is not available for all properties in Higham.

31 THE BRAES: Plot and Title Map

31 THE BRAES sits on a plot of roughly 0.079 of an acre, or 321m². The below map shows the location of 31 THE BRAES, 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 31 THE BRAES). 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 31 THE BRAES?

31 THE BRAES is located in HIGHAM, in the ME3 postcode district. The below map shows the position of No. 31 on THE BRAES.