16, ARGYLE CLOSE, ROCHESTER, ME1 2TF - £342,000

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

16 ARGYLE CLOSE is a very small detached house of 64m², built sometime between 1950 and 1966. It was last sold for £342,000 in March 2021, which was around 23% below the average March 2021 detached price in the Medway local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

16 ARGYLE CLOSE Sold Prices

Land registry data shows two sales for 16 ARGYLE 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 16 ARGYLE CLOSE sales were for below 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 17 MAR	£342,000	£444,521	23% below HPI
2006 15 JUN	£245,000	£250,960	2% below HPI

16 ARGYLE 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 16 ARGYLE CLOSE sales from June 2006 and March 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 June 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 16 ARGYLE CLOSE?

16 ARGYLE CLOSE is 64m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 16 ARGYLE CLOSE lies on this distribution: 3% of detached houses are smaller than 16 ARGYLE CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Rochester.

16 ARGYLE CLOSE: Plot and Title Map

16 ARGYLE CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 16 ARGYLE 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 16 ARGYLE 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 16 ARGYLE CLOSE?

16 ARGYLE CLOSE is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 16 on ARGYLE CLOSE.