39, GRAVENEY CLOSE, CLIFFE WOODS, ROCHESTER, ME3 8LB - £300,000

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.

39 GRAVENEY CLOSE is a midsized extended detached house of 110m², built sometime between 1967 and 1975, which could now be worth an estimated £502,151. It was last sold for £300,000 in October 2014, which was around 7% below the average October 2014 detached price in the Medway local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

39 GRAVENEY CLOSE Sold Prices

Land registry data shows two sales for 39 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 39 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
2014 27 OCT	£300,000	£321,818	7% below HPI
2004 17 JUN	£232,500	£244,874	5% below HPI

39 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 39 GRAVENEY CLOSE sales from June 2004 and October 2014 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 2004 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2014 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 39 GRAVENEY CLOSE be worth now?

39 GRAVENEY CLOSE might now be worth an estimated £502,151.

This is based on house price inflation of 67.4%, between October 2014 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 67.4% inflationary increase is applied to the most recent sale price for 39 GRAVENEY CLOSE of £300,000 on 27th October 2014. For the value to have increased from £300,000 to £502,151 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 39 GRAVENEY CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The October 2014 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 39 GRAVENEY CLOSE has not materially changed since October 2014.

How Large is 39 GRAVENEY CLOSE?

39 GRAVENEY CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 50% 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 39 GRAVENEY CLOSE lies on this distribution: 41% of detached houses houses are smaller than 39 GRAVENEY CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Cliffe Woods.

39 GRAVENEY CLOSE: Plot and Title Map

39 GRAVENEY CLOSE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 39 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 39 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 39 GRAVENEY CLOSE?

39 GRAVENEY CLOSE is located in CLIFFE WOODS, in the ME3 postcode district. The below map shows the position of No. 39 on GRAVENEY CLOSE.