MONKLEIGH, LADYCLOSE AVENUE, CLIFFE WOODS, ROCHESTER, ME3 8JL - £400,000

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.

MONKLEIGH is a midsized extended semi-detached house of 123m², built sometime between 1950 and 1966, which could now be worth an estimated £486,208. It was last sold for £400,000 in August 2018, which was around 38% above the average August 2018 semi-detached price in the Medway local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was D.

MONKLEIGH Sold Prices

Land registry data shows two sales for MONKLEIGH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. Both of the two MONKLEIGH 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
2018 29 AUG	£400,000	£289,263	38% above HPI
2007 10 JUL	£225,000	£185,010	22% above HPI

MONKLEIGH Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The two MONKLEIGH sales from July 2007 and August 2018 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 July 2007 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the August 2018 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might MONKLEIGH be worth now?

MONKLEIGH might now be worth an estimated £486,208.

This is based on house price inflation of 21.6%, between August 2018 and February 2025, for semi-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 21.6% inflationary increase is applied to the most recent sale price for MONKLEIGH of £400,000 on 29th August 2018. For the value to have increased from £400,000 to £486,208 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of MONKLEIGH has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The August 2018 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of MONKLEIGH has not materially changed since August 2018.

How Large is MONKLEIGH?

MONKLEIGH is 123m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 50% of semi-detached houses houses in Cliffe Woods, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cliffe Woods, and where MONKLEIGH lies on this distribution: 51% of semi-detached houses houses are smaller than MONKLEIGH, and 48% of houses are larger. Note that EPC data is not available for all properties in Cliffe Woods.

MONKLEIGH: Plot and Title Map

MONKLEIGH sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of MONKLEIGH, 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 MONKLEIGH). 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 MONKLEIGH?

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