24, SCHOLEY CLOSE, HALLING, ROCHESTER, ME2 1JZ - £345,000

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

24 SCHOLEY CLOSE is a very small detached house of 69m², built sometime between 1996 and 2002. It was last sold for £345,000 in July 2019, which was around 19% below the average July 2019 detached price in the Medway local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

24 SCHOLEY CLOSE Sold Prices

Land registry data shows three sales for 24 SCHOLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 24 SCHOLEY 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
2019 5 JUL	£345,000	£424,108	19% below HPI
2013 4 NOV	£245,000	£276,316	11% below HPI
1997 30 APR	£84,950	£90,525	6% below HPI

24 SCHOLEY 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 three 24 SCHOLEY CLOSE sales between April 1997 and July 2019 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 November 2013 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the July 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 24 SCHOLEY CLOSE?

24 SCHOLEY CLOSE is 69m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of detached houses in Halling, based on EPC data. The below chart shows the distribution of detached houses by size in Halling, and where 24 SCHOLEY CLOSE lies on this distribution: 3% of detached houses are smaller than 24 SCHOLEY CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Halling.

24 SCHOLEY CLOSE: Plot and Title Map

24 SCHOLEY CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 24 SCHOLEY 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 24 SCHOLEY 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 24 SCHOLEY CLOSE?

24 SCHOLEY CLOSE is located in HALLING, in the ME2 postcode district. The below map shows the position of No. 24 on SCHOLEY CLOSE.