38, PARKFIELDS, ROCHESTER, ME2 2TW - £392,000

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.

38 PARKFIELDS is a large semi-detached house of 133m², built sometime between 1967 and 1975, which could now be worth an estimated £491,804. It was last sold for £392,000 in December 2017, which was around 40% above the average December 2017 semi-detached price in the Medway local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was C.

38 PARKFIELDS Sold Prices

Land registry data shows two sales for 38 PARKFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. Both of the two 38 PARKFIELDS 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
2017 15 DEC	£392,000	£280,252	40% above HPI
1999 10 SEP	£129,000	£71,815	80% above HPI

38 PARKFIELDS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The two 38 PARKFIELDS sales from September 1999 and December 2017 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 1999 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the December 2017 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 38 PARKFIELDS be worth now?

38 PARKFIELDS might now be worth an estimated £491,804.

This is based on house price inflation of 25.5%, between December 2017 and February 2025, for semi-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 25.5% inflationary increase is applied to the most recent sale price for 38 PARKFIELDS of £392,000 on 15th December 2017. For the value to have increased from £392,000 to £491,804 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 38 PARKFIELDS has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The December 2017 sale price of £392,000 represented a fair market value for the property.
• The size, condition, and specification of 38 PARKFIELDS has not materially changed since December 2017.

How Large is 38 PARKFIELDS?

38 PARKFIELDS is 133m² according to the EPC inspection conducted in January 2018. This puts it in the largest 40% of semi-detached houses houses in Rochester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rochester, and where 38 PARKFIELDS lies on this distribution: 60% of semi-detached houses houses are smaller than 38 PARKFIELDS, and 39% of houses are larger. Note that EPC data is not available for all properties in Rochester.

38 PARKFIELDS: Plot and Title Map

38 PARKFIELDS sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 38 PARKFIELDS, 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 38 PARKFIELDS). 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 38 PARKFIELDS?

38 PARKFIELDS is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 38 on PARKFIELDS.