12, GOLDING CLOSE, ROCHESTER, ME1 2QY - £675,000

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.

12 GOLDING CLOSE is a very large extended detached house of 218m², built sometime between 1996 and 2002, which could now be worth an estimated £790,886. It was last sold for £675,000 in February 2021, which was around 47% above the average February 2021 detached price in the Medway local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

12 GOLDING CLOSE Sold Prices

Land registry data shows two sales for 12 GOLDING CLOSE 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 12 GOLDING CLOSE 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 3 FEB	£675,000	£459,741	47% above HPI
2002 13 DEC	£335,000	£217,466	54% above HPI

12 GOLDING CLOSE 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 12 GOLDING CLOSE sales from December 2002 and February 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 December 2002 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the February 2021 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 12 GOLDING CLOSE be worth now?

12 GOLDING CLOSE might now be worth an estimated £790,886.

This is based on house price inflation of 17.2%, between February 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 17.2% inflationary increase is applied to the most recent sale price for 12 GOLDING CLOSE of £675,000 on 3rd February 2021. For the value to have increased from £675,000 to £790,886 over the four years to February 2025, the following assumptions must hold true:

• The value of 12 GOLDING CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The February 2021 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GOLDING CLOSE has not materially changed since February 2021.

How Large is 12 GOLDING CLOSE?

12 GOLDING CLOSE is 218m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 10% of detached houses houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochester, and where 12 GOLDING CLOSE lies on this distribution: 94% of detached houses houses are smaller than 12 GOLDING CLOSE, and 6% of houses are larger. Note that EPC data is not available for all properties in Rochester.

12 GOLDING CLOSE: Plot and Title Map

12 GOLDING CLOSE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 12 GOLDING 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 12 GOLDING 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 12 GOLDING CLOSE?

12 GOLDING CLOSE is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 12 on GOLDING CLOSE.