3, MILLPOND CLOSE, ROCHESTER, ME2 3PT - £275,000

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 MILLPOND CLOSE is a midsized extended detached house of 124m², built sometime between 1991 and 1995, which could now be worth an estimated £522,721. It was last sold for £275,000 in August 2007, which was around 3% below the average August 2007 detached price in the Medway local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

3 MILLPOND CLOSE Sold Prices

Land registry data shows three sales for 3 MILLPOND 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. One of the three 3 MILLPOND CLOSE sales was for below the average price, whilst two 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
2007 8 AUG	£275,000	£283,391	3% below HPI
2000 23 JUN	£152,000	£138,894	9% above HPI
1996 27 SEP	£99,950	£89,121	12% above HPI

3 MILLPOND 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 MILLPOND CLOSE sales between September 1996 and August 2007 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 June 2000 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2007 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 3 MILLPOND CLOSE be worth now?

3 MILLPOND CLOSE might now be worth an estimated £522,721.

This is based on house price inflation of 90.1%, between August 2007 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 90.1% inflationary increase is applied to the most recent sale price for 3 MILLPOND CLOSE of £275,000 on 8th August 2007. For the value to have increased from £275,000 to £522,721 over the eighteen years and six months to February 2025, the following assumptions must hold true:

• The value of 3 MILLPOND CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The August 2007 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILLPOND CLOSE has not materially changed since August 2007.

How Large is 3 MILLPOND CLOSE?

3 MILLPOND CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 50% 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 MILLPOND CLOSE lies on this distribution: 52% of detached houses houses are smaller than 3 MILLPOND CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Rochester.

3 MILLPOND CLOSE: Plot and Title Map

3 MILLPOND CLOSE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 3 MILLPOND 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 MILLPOND 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 MILLPOND CLOSE?

3 MILLPOND CLOSE is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 3 on MILLPOND CLOSE.