3, KENT CLOSE, ROCHESTER, ME1 2UP - £342,500

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 KENT CLOSE is a very small detached house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £411,859. It was last sold for £342,500 in August 2018, which was around 24% below the average August 2018 detached price in the Medway local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was B.

3 KENT CLOSE Sold Prices

Land registry data shows three sales for 3 KENT 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 3 KENT 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
2018 3 AUG	£342,500	£447,956	24% below HPI
2010 1 SEP	£192,500	£270,121	29% below HPI
2001 19 DEC	£115,000	£171,976	33% below HPI

3 KENT 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 3 KENT CLOSE sales between December 2001 and August 2018 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 September 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2018 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 3 KENT CLOSE be worth now?

3 KENT CLOSE might now be worth an estimated £411,859.

This is based on house price inflation of 20.3%, between August 2018 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 20.3% inflationary increase is applied to the most recent sale price for 3 KENT CLOSE of £342,500 on 3rd August 2018. For the value to have increased from £342,500 to £411,859 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 3 KENT CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The August 2018 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 3 KENT CLOSE has not materially changed since August 2018.

How Large is 3 KENT CLOSE?

3 KENT CLOSE is 91m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% 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 KENT CLOSE lies on this distribution: 19% of detached houses houses are smaller than 3 KENT CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Rochester.

3 KENT CLOSE: Plot and Title Map

3 KENT CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 3 KENT 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 KENT 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 KENT CLOSE?

3 KENT CLOSE is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 3 on KENT CLOSE.