15, WHARF LANE, CLIFFE, ROCHESTER, ME3 7UE - £375,000

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.

15 WHARF LANE is a small semi-detached house of 91m², built sometime between 1996 and 2002, which could now be worth an estimated £386,383. It was last sold for £375,000 in July 2022, which was around 10% above the average July 2022 semi-detached price in the Medway local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

15 WHARF LANE Sold Prices

Land registry data shows three sales for 15 WHARF LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. All of the three 15 WHARF LANE 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 8 JUL	£375,000	£341,247	10% above HPI
2002 16 AUG	£150,000	£120,153	25% above HPI
1999 8 OCT	£87,500	£73,847	18% above HPI

15 WHARF LANE 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 three 15 WHARF LANE sales between October 1999 and July 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 August 2002 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2022 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 15 WHARF LANE be worth now?

15 WHARF LANE might now be worth an estimated £386,383.

This is based on house price inflation of 3%, between July 2022 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 3% inflationary increase is applied to the most recent sale price for 15 WHARF LANE of £375,000 on 8th July 2022. For the value to have increased from £375,000 to £386,383 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 15 WHARF LANE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The July 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WHARF LANE has not materially changed since July 2022.

How Large is 15 WHARF LANE?

15 WHARF LANE is 91m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of semi-detached houses houses in Cliffe, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cliffe, and where 15 WHARF LANE lies on this distribution: 22% of semi-detached houses houses are smaller than 15 WHARF LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Cliffe.

15 WHARF LANE: Plot and Title Map

15 WHARF LANE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 15 WHARF LANE, 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 WHARF LANE). 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 WHARF LANE?

15 WHARF LANE is located in CLIFFE, in the ME3 postcode district. The below map shows the position of No. 15 on WHARF LANE.