2, RIVENDELL CLOSE, ISLE OF GRAIN, ROCHESTER, ME3 0HG - £250,000

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.

2 RIVENDELL CLOSE is a very large extended detached house of 183m², built sometime between 1996 and 2002, which could now be worth an estimated £509,875. It was last sold for £250,000 in September 2011, which was around 5% below the average September 2011 detached price in the Medway local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was D.

2 RIVENDELL CLOSE Sold Prices

Land registry data shows two sales for 2 RIVENDELL 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 RIVENDELL 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
2011 16 SEP	£250,000	£264,119	5% below HPI
2001 3 DEC	£158,950	£171,976	8% below HPI

2 RIVENDELL 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 RIVENDELL CLOSE sales from December 2001 and September 2011 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 2001 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2011 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 RIVENDELL CLOSE be worth now?

2 RIVENDELL CLOSE might now be worth an estimated £509,875.

This is based on house price inflation of 104%, between September 2011 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 104% inflationary increase is applied to the most recent sale price for 2 RIVENDELL CLOSE of £250,000 on 16th September 2011. For the value to have increased from £250,000 to £509,875 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 RIVENDELL CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The September 2011 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RIVENDELL CLOSE has not materially changed since September 2011.

How Large is 2 RIVENDELL CLOSE?

2 RIVENDELL CLOSE is 183m², which includes two extensions, according to the EPC inspection conducted in September 2010. This puts it in the largest 10% of detached houses houses in Grain, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grain, and where 2 RIVENDELL CLOSE lies on this distribution: 98% of detached houses houses are smaller than 2 RIVENDELL CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Grain.

2 RIVENDELL CLOSE: Plot and Title Map

2 RIVENDELL CLOSE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 2 RIVENDELL 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 RIVENDELL 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 RIVENDELL CLOSE?

2 RIVENDELL CLOSE is located in ISLE OF GRAIN, in the ME3 postcode district. The below map shows the position of No. 2 on RIVENDELL CLOSE.