18, CADNAM CLOSE, ROCHESTER, ME2 3TS - £450,000

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.

18 CADNAM CLOSE is a very small detached house of 88m², built sometime between 1950 and 1966, which could now be worth an estimated £448,133. It was last sold for £450,000 in September 2022, which was around 16% below the average September 2022 detached price in the Medway local authority area. The most recent EPC inspection was October 2021, where the current energy rating was F, and the potential energy rating was B.

18 CADNAM CLOSE Sold Prices

Land registry data shows two sales for 18 CADNAM 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 18 CADNAM 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
2022 9 SEP	£450,000	£534,636	16% below HPI
2021 2 DEC	£350,000	£495,946	29% below HPI

18 CADNAM 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 18 CADNAM CLOSE sales from December 2021 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 December 2021 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 18 CADNAM CLOSE be worth now?

18 CADNAM CLOSE might now be worth an estimated £448,133.

This is based on house price deflation of 0.4%, between September 2022 and June 2025, for 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 0.4% deflationary decrease is applied to the most recent sale price for 18 CADNAM CLOSE of £450,000 on 9th September 2022. For the value to have decreased from £450,000 to £448,133 over the three years and three months to June 2025, the following assumptions must hold true:

• The value of 18 CADNAM CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The September 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CADNAM CLOSE has not materially changed since September 2022.

How Large is 18 CADNAM CLOSE?

18 CADNAM CLOSE is 88m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% of detached houses houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochester, and where 18 CADNAM CLOSE lies on this distribution: 17% of detached houses houses are smaller than 18 CADNAM CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Rochester.

18 CADNAM CLOSE: Plot and Title Map

18 CADNAM CLOSE sits on a plot of roughly 0.155 of an acre, or 629m². The below map shows the location of 18 CADNAM 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 18 CADNAM 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 18 CADNAM CLOSE?

18 CADNAM CLOSE is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 18 on CADNAM CLOSE.