43, SCHOLEY CLOSE, HALLING, ROCHESTER, ME2 1JZ - £535,000

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

43 SCHOLEY CLOSE is a large detached house of 128m², built sometime between 1991 and 1995. It was last sold for £535,000 in October 2018, which was around 23% above the average October 2018 detached price in the Medway local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

43 SCHOLEY CLOSE Sold Prices

Land registry data shows three sales for 43 SCHOLEY 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. All of the three 43 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
2018 12 OCT	£535,000	£433,534	23% above HPI
2004 20 JUL	£315,000	£242,047	30% above HPI
1996 31 MAY	£124,000	£82,393	50% above HPI

43 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 three 43 SCHOLEY CLOSE sales between May 1996 and October 2018 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 July 2004 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the October 2018 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 43 SCHOLEY CLOSE?

43 SCHOLEY CLOSE is 128m² according to the EPC inspection conducted in August 2014. This puts it in the largest 20% of detached houses in Halling, based on EPC data. The below chart shows the distribution of detached houses by size in Halling, and where 43 SCHOLEY CLOSE lies on this distribution: 72% of detached houses are smaller than 43 SCHOLEY CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Halling.

43 SCHOLEY CLOSE: Plot and Title Map

43 SCHOLEY CLOSE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 43 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 43 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 43 SCHOLEY CLOSE?

43 SCHOLEY CLOSE is located in HALLING, in the ME2 postcode district. The below map shows the position of No. 43 on SCHOLEY CLOSE.