29, SCHOLEY CLOSE, HALLING, ROCHESTER, ME2 1JZ - £317,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

29 SCHOLEY CLOSE is a small detached house of 108m², built sometime between 1996 and 2002, which could now be worth an estimated £661,408. It was last sold for £317,500 in September 2005, which was around 24% above the average September 2005 detached price in the Medway local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

29 SCHOLEY CLOSE Sold Prices

Land registry data shows three sales for 29 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 29 SCHOLEY 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
2005 5 SEP	£317,500	£255,668	24% above HPI
2002 2 AUG	£250,000	£198,713	26% above HPI
1997 6 JUN	£119,950	£94,109	27% above HPI

29 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 29 SCHOLEY CLOSE sales between June 1997 and September 2005 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 2002 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2005 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 29 SCHOLEY CLOSE be worth now?

29 SCHOLEY CLOSE might now be worth an estimated £661,408.

This is based on house price inflation of 108.3%, between September 2005 and December 2024, 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 108.3% inflationary increase is applied to the most recent sale price for 29 SCHOLEY CLOSE of £317,500 on 5th September 2005. For the value to have increased from £317,500 to £661,408 over the eighteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 29 SCHOLEY CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The September 2005 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 29 SCHOLEY CLOSE has not materially changed since September 2005.

How Large is 29 SCHOLEY CLOSE?

29 SCHOLEY CLOSE is 108m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses houses in Halling, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halling, and where 29 SCHOLEY CLOSE lies on this distribution: 31% of detached houses houses are smaller than 29 SCHOLEY CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Halling.

29 SCHOLEY CLOSE: Plot and Title Map

29 SCHOLEY CLOSE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 29 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 29 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 29 SCHOLEY CLOSE?

29 SCHOLEY CLOSE is located in HALLING, in the ME2 postcode district. The below map shows the position of No. 29 on SCHOLEY CLOSE.