12, NIVEN CLOSE, WAINSCOTT, ROCHESTER, ME3 8BS - £533,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 NIVEN CLOSE is a midsized detached house of 118m², built sometime between 2003 and 2006. It was last sold for £533,500 in June 2024, which was around 6% above the average June 2024 detached price in the Medway local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was C.

12 NIVEN CLOSE Sold Prices

Land registry data shows three sales for 12 NIVEN 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 Medway local authority area for the corresponding sale date. All of the three 12 NIVEN 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
2024 14 JUN	£533,500	£501,953	6% above HPI
2018 11 JUL	£475,000	£430,165	10% above HPI
1998 27 AUG	£148,000	£104,726	41% above HPI

12 NIVEN 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 three 12 NIVEN CLOSE sales between August 1998 and June 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 July 2018 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2024 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 12 NIVEN CLOSE?

12 NIVEN CLOSE is 118m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 50% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 12 NIVEN CLOSE lies on this distribution: 45% of detached houses are smaller than 12 NIVEN CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Rochester.

12 NIVEN CLOSE: Plot and Title Map

12 NIVEN CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 12 NIVEN 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 NIVEN 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 NIVEN CLOSE?

12 NIVEN CLOSE is located in WAINSCOTT, in the ME3 postcode district. The below map shows the position of No. 12 on NIVEN CLOSE.