15, FAY CLOSE, ROCHESTER, ME1 1LZ - £630,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

15 FAY CLOSE is a large extended detached house of 150m², built sometime between 1996 and 2002. It was last sold for £630,000 in September 2022, which was around 21% above the average September 2022 detached price in the Medway local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

15 FAY CLOSE Sold Prices

Land registry data shows five sales for 15 FAY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the five 15 FAY 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
2022 12 SEP	£630,000	£520,577	21% above HPI
2015 1 MAY	£395,000	£319,737	24% above HPI
2011 14 SEP	£365,000	£257,174	42% above HPI
2002 7 JUN	£225,500	£183,507	23% above HPI
2000 31 AUG	£177,500	£141,214	26% above HPI

15 FAY 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 five 15 FAY CLOSE sales between August 2000 and September 2022 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 May 2015 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2022 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 15 FAY CLOSE?

15 FAY CLOSE is 150m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 30% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 15 FAY CLOSE lies on this distribution: 71% of detached houses are smaller than 15 FAY CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Rochester.

15 FAY CLOSE: Plot and Title Map

15 FAY CLOSE sits on a plot of roughly 0.162 of an acre, or 656m². The below map shows the location of 15 FAY 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 15 FAY 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 15 FAY CLOSE?

15 FAY CLOSE is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 15 on FAY CLOSE.