28, MERRYFIELDS, STROOD, ROCHESTER, ME2 3ND - £310,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 MERRYFIELDS is a midsized extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £310,000 in July 2013, which was around 17% above the average July 2013 detached price in the Medway local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was C.

28 MERRYFIELDS Sold Prices

Land registry data shows two sales for 28 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 28 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
2013 15 JUL	£310,000	£265,705	17% above HPI
1996 2 AUG	£57,500	£85,248	33% below HPI

28 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 28 MERRYFIELDS sales from August 1996 and July 2013 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 August 1996 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the July 2013 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 28 MERRYFIELDS?

28 MERRYFIELDS is 120m², which includes one extension, according to the EPC inspection conducted in September 2012. 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 28 MERRYFIELDS lies on this distribution: 48% of detached houses are smaller than 28 MERRYFIELDS, and 52% of houses are larger. Note that EPC data is not available for all properties in Rochester.

28 MERRYFIELDS: Plot and Title Map

28 MERRYFIELDS sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 28 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 28 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 28 MERRYFIELDS?

28 MERRYFIELDS is located in STROOD, in the ME2 postcode district. The below map shows the position of No. 28 on MERRYFIELDS.