3, BURNT HOUSE CLOSE, WAINSCOTT, ROCHESTER, ME3 8AU - £355,000

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.

3 BURNT HOUSE CLOSE is a very small detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £421,472. It was last sold for £355,000 in November 2020, which was around 22% below the average November 2020 detached price in the Medway local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

3 BURNT HOUSE CLOSE Sold Prices

Land registry data shows two sales for 3 BURNT HOUSE 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 3 BURNT HOUSE 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
2020 10 NOV	£355,000	£453,715	22% below HPI
2013 21 AUG	£243,000	£275,615	12% below HPI

3 BURNT HOUSE 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 3 BURNT HOUSE CLOSE sales from August 2013 and November 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 August 2013 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 BURNT HOUSE CLOSE be worth now?

3 BURNT HOUSE CLOSE might now be worth an estimated £421,472.

This is based on house price inflation of 18.7%, between November 2020 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 18.7% inflationary increase is applied to the most recent sale price for 3 BURNT HOUSE CLOSE of £355,000 on 10th November 2020. For the value to have increased from £355,000 to £421,472 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 BURNT HOUSE CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The November 2020 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BURNT HOUSE CLOSE has not materially changed since November 2020.

How Large is 3 BURNT HOUSE CLOSE?

3 BURNT HOUSE CLOSE is 71m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% of detached houses houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochester, and where 3 BURNT HOUSE CLOSE lies on this distribution: 5% of detached houses houses are smaller than 3 BURNT HOUSE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Rochester.

3 BURNT HOUSE CLOSE: Plot and Title Map

3 BURNT HOUSE CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 3 BURNT HOUSE 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 3 BURNT HOUSE 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 3 BURNT HOUSE CLOSE?

3 BURNT HOUSE CLOSE is located in WAINSCOTT, in the ME3 postcode district. The below map shows the position of No. 3 on BURNT HOUSE CLOSE.