2, BUMBLES CLOSE, ROCHESTER, ME1 2TY - £377,500

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.

2 BUMBLES CLOSE is a very small detached house of 86m², built sometime between 1983 and 1990, which could now be worth an estimated £566,435. It was last sold for £377,500 in November 2015, which was around 5% above the average November 2015 detached price in the Medway local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

2 BUMBLES CLOSE Sold Prices

Land registry data shows two sales for 2 BUMBLES 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 2 BUMBLES 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
2015 18 NOV	£377,500	£358,997	5% above HPI
2003 11 JUN	£239,995	£231,580	4% above HPI

2 BUMBLES 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 2 BUMBLES CLOSE sales from June 2003 and November 2015 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 2003 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the November 2015 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 2 BUMBLES CLOSE be worth now?

2 BUMBLES CLOSE might now be worth an estimated £566,435.

This is based on house price inflation of 50%, between November 2015 and February 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 50% inflationary increase is applied to the most recent sale price for 2 BUMBLES CLOSE of £377,500 on 18th November 2015. For the value to have increased from £377,500 to £566,435 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 BUMBLES CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The November 2015 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of 2 BUMBLES CLOSE has not materially changed since November 2015.

How Large is 2 BUMBLES CLOSE?

2 BUMBLES CLOSE is 86m² according to the EPC inspection conducted in August 2015. 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 2 BUMBLES CLOSE lies on this distribution: 15% of detached houses houses are smaller than 2 BUMBLES CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Rochester.

2 BUMBLES CLOSE: Plot and Title Map

2 BUMBLES CLOSE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 2 BUMBLES 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 2 BUMBLES 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 2 BUMBLES CLOSE?

2 BUMBLES CLOSE is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 2 on BUMBLES CLOSE.