3, MASON WAY, WAINSCOTT, ROCHESTER, ME3 8GT - £595,000

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

3 MASON WAY is a very large detached house of 166m², built sometime between 1996 and 2002, which could now be worth an estimated £734,892. It was last sold for £595,000 in November 2019, which was around 36% above the average November 2019 detached price in the Medway local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

3 MASON WAY Sold Prices

Land registry data shows five sales for 3 MASON WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the five 3 MASON WAY 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
2019 21 NOV	£595,000	£436,131	36% above HPI
2014 19 AUG	£407,500	£315,123	29% above HPI
2009 21 DEC	£346,000	£256,387	35% above HPI
2004 22 MAR	£320,000	£244,280	31% above HPI
2002 12 APR	£270,000	£180,174	50% above HPI

3 MASON WAY 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 five 3 MASON WAY sales between April 2002 and November 2019 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 2014 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the November 2019 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 3 MASON WAY be worth now?

3 MASON WAY might now be worth an estimated £734,892.

This is based on house price inflation of 23.5%, between November 2019 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 23.5% inflationary increase is applied to the most recent sale price for 3 MASON WAY of £595,000 on 21st November 2019. For the value to have increased from £595,000 to £734,892 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 MASON WAY has moved in line with the HPI for detached houses in the Medway local authority area.
• The November 2019 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MASON WAY has not materially changed since November 2019.

How Large is 3 MASON WAY?

3 MASON WAY is 166m² according to the EPC inspection conducted in May 2014. This puts it in the largest 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 MASON WAY lies on this distribution: 80% of detached houses houses are smaller than 3 MASON WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Rochester.

3 MASON WAY: Plot and Title Map

3 MASON WAY sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 3 MASON WAY, 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 MASON WAY). 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 MASON WAY?

3 MASON WAY is located in WAINSCOTT, in the ME3 postcode district. The below map shows the position of No. 3 on MASON WAY.