CEDAR RISE, WROTHAM ROAD, MEOPHAM, GRAVESEND, DA13 0QB - £433,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

CEDAR RISE is a very small extended detached house of 97m², built sometime between 1930 and 1949. It was last sold for £433,500 in August 2021, which was around 27% below the average August 2021 detached price in the Gravesham local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

CEDAR RISE Sold Prices

Land registry data shows three sales for CEDAR RISE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. All of the three CEDAR RISE 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
2021 27 AUG	£433,500	£592,214	27% below HPI
2011 16 NOV	£323,000	£351,078	8% below HPI
2000 20 SEP	£165,000	£200,076	18% below HPI

CEDAR RISE 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 three CEDAR RISE sales between September 2000 and August 2021 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 November 2011 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is CEDAR RISE?

CEDAR RISE is 97m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses in Meopham, based on EPC data. The below chart shows the distribution of detached houses by size in Meopham, and where CEDAR RISE lies on this distribution: 17% of detached houses are smaller than CEDAR RISE, and 81% of houses are larger. Note that EPC data is not available for all properties in Meopham.

CEDAR RISE: Plot and Title Map

CEDAR RISE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of CEDAR RISE, 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 CEDAR RISE). 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 CEDAR RISE?

CEDAR RISE is located on WROTHAM ROAD in MEOPHAM, in the DA13 postcode district. The below map shows the position of CEDAR RISE on WROTHAM ROAD.