2, READERS CLOSE, GRAVESEND, DA12 2FN - £385,000

2 READERS CLOSE is a very small detached house of 75m². It was last sold for £385,000 in June 2019, which was around 29% below the average June 2019 detached price in the Gravesham local authority area. The most recent EPC inspection was September 2018, where the current energy rating was B, and the potential energy rating was A.

2 READERS CLOSE Sold Prices

Land registry data shows three sales for 2 READERS CLOSE 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. Two of the three 2 READERS CLOSE sales were for below the average price, whilst one was 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
2019 21 JUN	£385,000	£540,065	29% below HPI
2018 27 APR	£900,000	£541,847	66% above HPI
2017 9 MAY	£60,000	£532,510	89% below HPI

2 READERS CLOSE 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 2 READERS CLOSE sales between May 2017 and June 2019 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 April 2018 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the June 2019 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 READERS CLOSE?

2 READERS CLOSE is 75m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of detached houses in Gravesend, based on EPC data. The below chart shows the distribution of detached houses by size in Gravesend, and where 2 READERS CLOSE lies on this distribution: 9% of detached houses are smaller than 2 READERS CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Gravesend.

2 READERS CLOSE: Plot and Title Map

2 READERS CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 2 READERS 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 2 READERS 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 2 READERS CLOSE?

2 READERS CLOSE is located in GRAVESEND, in the DA12 postcode district. The below map shows the position of No. 2 on READERS CLOSE.