37, SCHOLEY CLOSE, HALLING, ROCHESTER, ME2 1JZ - £268,500

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.

37 SCHOLEY CLOSE is a large extended detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £611,216. It was last sold for £268,500 in July 2009, which was around 13% above the average July 2009 detached price in the Medway local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

37 SCHOLEY CLOSE Sold Prices

Land registry data shows two sales for 37 SCHOLEY 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 37 SCHOLEY CLOSE 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
2009 3 JUL	£268,500	£236,632	13% above HPI
1996 30 AUG	£109,950	£87,551	26% above HPI

37 SCHOLEY 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 37 SCHOLEY CLOSE sales from August 1996 and July 2009 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 1996 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the July 2009 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 37 SCHOLEY CLOSE be worth now?

37 SCHOLEY CLOSE might now be worth an estimated £611,216.

This is based on house price inflation of 127.6%, between July 2009 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 127.6% inflationary increase is applied to the most recent sale price for 37 SCHOLEY CLOSE of £268,500 on 3rd July 2009. For the value to have increased from £268,500 to £611,216 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of 37 SCHOLEY CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The July 2009 sale price of £268,500 represented a fair market value for the property.
• The size, condition, and specification of 37 SCHOLEY CLOSE has not materially changed since July 2009.

How Large is 37 SCHOLEY CLOSE?

37 SCHOLEY CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the largest 40% of detached houses houses in Halling, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halling, and where 37 SCHOLEY CLOSE lies on this distribution: 63% of detached houses houses are smaller than 37 SCHOLEY CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Halling.

37 SCHOLEY CLOSE: Plot and Title Map

37 SCHOLEY CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 37 SCHOLEY 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 37 SCHOLEY 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 37 SCHOLEY CLOSE?

37 SCHOLEY CLOSE is located in HALLING, in the ME2 postcode district. The below map shows the position of No. 37 on SCHOLEY CLOSE.