CORALOWN, BUTTWAY LANE, CLIFFE, ROCHESTER, ME3 7QP - £540,000

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

CORALOWN is a large detached house of 153m², built sometime between 1976 and 1982, which could now be worth an estimated £542,422. It was last sold for £540,000 in November 2024, which was around 2% above the average November 2024 detached price in the Medway local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

CORALOWN Sold Prices

Land registry data shows two sales for CORALOWN 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 CORALOWN sales were 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
2024 29 NOV	£540,000	£530,223	2% above HPI
2012 13 JAN	£320,000	£261,706	22% above HPI

CORALOWN 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 CORALOWN sales from January 2012 and November 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 January 2012 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the November 2024 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might CORALOWN be worth now?

CORALOWN might now be worth an estimated £542,422.

This is based on house price inflation of 0.4%, between November 2024 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 0.4% inflationary increase is applied to the most recent sale price for CORALOWN of £540,000 on 29th November 2024. For the value to have increased from £540,000 to £542,422 over the eleven months to December 2024, the following assumptions must hold true:

• The value of CORALOWN has moved in line with the HPI for detached houses in the Medway local authority area.
• The November 2024 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of CORALOWN has not materially changed since November 2024.

How Large is CORALOWN?

CORALOWN is 153m² according to the EPC inspection conducted in August 2024. This puts it in the largest 40% of detached houses houses in Cliffe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cliffe, and where CORALOWN lies on this distribution: 69% of detached houses houses are smaller than CORALOWN, and 31% of houses are larger. Note that EPC data is not available for all properties in Cliffe.

CORALOWN: Plot and Title Map

CORALOWN sits on a plot of roughly 0.228 of an acre, or 922m². The below map shows the location of CORALOWN, 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 CORALOWN). 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 CORALOWN?

CORALOWN is located on BUTTWAY LANE in CLIFFE, in the ME3 postcode district. The below map shows the position of CORALOWN on BUTTWAY LANE.