TWO RIVERS, LADYCLOSE AVENUE, CLIFFE WOODS, ROCHESTER, ME3 8JL - £485,000

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.

TWO RIVERS is a midsized extended detached house of 124m², built sometime between 1967 and 1975, which could now be worth an estimated £572,270. It was last sold for £485,000 in March 2021, which was around 6% above the average March 2021 detached price in the Medway local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

TWO RIVERS Sold Prices

Land registry data shows three sales for TWO RIVERS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three TWO RIVERS 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
2021 12 MAR	£485,000	£456,525	6% above HPI
2020 24 SEP	£475,000	£446,968	6% above HPI
2003 29 APR	£265,000	£225,997	17% above HPI

TWO RIVERS 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 three TWO RIVERS sales between April 2003 and March 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 September 2020 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the March 2021 sale, which was also at 6% above the HPI.

What might TWO RIVERS be worth now?

TWO RIVERS might now be worth an estimated £572,270.

This is based on house price inflation of 18%, between March 2021 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 18% inflationary increase is applied to the most recent sale price for TWO RIVERS of £485,000 on 12th March 2021. For the value to have increased from £485,000 to £572,270 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of TWO RIVERS has moved in line with the HPI for detached houses in the Medway local authority area.
• The March 2021 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of TWO RIVERS has not materially changed since March 2021.

How Large is TWO RIVERS?

TWO RIVERS is 124m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the largest 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 TWO RIVERS lies on this distribution: 52% of detached houses houses are smaller than TWO RIVERS, and 48% of houses are larger. Note that EPC data is not available for all properties in Cliffe Woods.

TWO RIVERS: Plot and Title Map

TWO RIVERS sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of TWO RIVERS, 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 TWO RIVERS). 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 TWO RIVERS?

TWO RIVERS is located on LADYCLOSE AVENUE in CLIFFE WOODS, in the ME3 postcode district. The below map shows the position of TWO RIVERS on LADYCLOSE AVENUE.