16, MERRYFIELDS, STROOD, ROCHESTER, ME2 3ND - £490,000

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 MERRYFIELDS is a midsized detached house of 119m², built sometime between 1991 and 1995. It was last sold for £490,000 in February 2021, which was around 9% above the average February 2021 detached price in the Medway local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

16 MERRYFIELDS Sold Prices

Land registry data shows two sales for 16 MERRYFIELDS 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. One of the two 16 MERRYFIELDS sales was for above the average price, whilst the other was 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 18 FEB	£490,000	£447,652	9% above HPI
1995 20 DEC	£65,000	£81,100	20% below HPI

16 MERRYFIELDS 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 MERRYFIELDS sales from December 1995 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 1995 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2021 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 16 MERRYFIELDS?

16 MERRYFIELDS is 119m² according to the EPC inspection conducted in July 2014. 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 16 MERRYFIELDS lies on this distribution: 46% of detached houses are smaller than 16 MERRYFIELDS, and 52% of houses are larger. Note that EPC data is not available for all properties in Rochester.

16 MERRYFIELDS: Plot and Title Map

16 MERRYFIELDS sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 16 MERRYFIELDS, 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 MERRYFIELDS). 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 MERRYFIELDS?

16 MERRYFIELDS is located in STROOD, in the ME2 postcode district. The below map shows the position of No. 16 on MERRYFIELDS.