31, MERRYFIELDS, STROOD, ROCHESTER, ME2 3ND - £308,400

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

31 MERRYFIELDS is a small detached house of 101m², built sometime between 1983 and 1990. It was last sold for £308,400 in April 2015, which was around 2% below the average April 2015 detached price in the Medway local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

31 MERRYFIELDS Sold Prices

Land registry data shows two sales for 31 MERRYFIELDS 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 31 MERRYFIELDS 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
2015 16 APR	£308,400	£314,028	2% below HPI
1997 28 FEB	£60,000	£88,880	32% below HPI

31 MERRYFIELDS 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 31 MERRYFIELDS sales from February 1997 and April 2015 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 February 1997 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2015 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 31 MERRYFIELDS?

31 MERRYFIELDS is 101m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 31 MERRYFIELDS lies on this distribution: 28% of detached houses are smaller than 31 MERRYFIELDS, and 71% of houses are larger. Note that EPC data is not available for all properties in Rochester.

31 MERRYFIELDS: Plot and Title Map

31 MERRYFIELDS sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 31 MERRYFIELDS, 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 31 MERRYFIELDS). 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 31 MERRYFIELDS?

31 MERRYFIELDS is located in STROOD, in the ME2 postcode district. The below map shows the position of No. 31 on MERRYFIELDS.