29, PARKFIELDS, ROCHESTER, ME2 2TW - £390,000

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.

29 PARKFIELDS is a small semi-detached house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £484,616. It was last sold for £390,000 in June 2020, which was around 38% above the average June 2020 semi-detached price in the Medway local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

29 PARKFIELDS Sold Prices

Land registry data shows four sales for 29 PARKFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. All of the four 29 PARKFIELDS 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
2020 26 JUN	£390,000	£282,958	38% above HPI
2004 19 MAR	£210,000	£154,444	36% above HPI
2001 11 OCT	£160,000	£101,164	58% above HPI
2000 3 MAR	£129,000	£77,114	67% above HPI

29 PARKFIELDS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The four 29 PARKFIELDS sales between March 2000 and June 2020 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 March 2004 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the June 2020 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 29 PARKFIELDS be worth now?

29 PARKFIELDS might now be worth an estimated £484,616.

This is based on house price inflation of 24.3%, between June 2020 and February 2025, for semi-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 24.3% inflationary increase is applied to the most recent sale price for 29 PARKFIELDS of £390,000 on 26th June 2020. For the value to have increased from £390,000 to £484,616 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 29 PARKFIELDS has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The June 2020 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 29 PARKFIELDS has not materially changed since June 2020.

How Large is 29 PARKFIELDS?

29 PARKFIELDS is 96m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of semi-detached houses houses in Rochester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rochester, and where 29 PARKFIELDS lies on this distribution: 24% of semi-detached houses houses are smaller than 29 PARKFIELDS, and 76% of houses are larger. Note that EPC data is not available for all properties in Rochester.

29 PARKFIELDS: Plot and Title Map

29 PARKFIELDS sits on a plot of roughly 0.115 of an acre, or 466m². The below map shows the location of 29 PARKFIELDS, 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 29 PARKFIELDS). 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 29 PARKFIELDS?

29 PARKFIELDS is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 29 on PARKFIELDS.