5, MERRYFIELDS, STROOD, ROCHESTER, ME2 3ND - £315,000

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

5 MERRYFIELDS is a very large detached house of 172m², built sometime between 1991 and 1995. It was last sold for £315,000 in September 2009, which was around 34% above the average September 2009 detached price in the Medway local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

5 MERRYFIELDS Sold Prices

Land registry data shows two sales for 5 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 5 MERRYFIELDS 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 28 SEP	£315,000	£235,433	34% above HPI
2005 10 OCT	£314,000	£247,158	27% above HPI

5 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 5 MERRYFIELDS sales from October 2005 and September 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 October 2005 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the September 2009 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 5 MERRYFIELDS?

5 MERRYFIELDS is 172m² according to the EPC inspection conducted in June 2009. This puts it in the largest 20% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 5 MERRYFIELDS lies on this distribution: 84% of detached houses are smaller than 5 MERRYFIELDS, and 16% of houses are larger. Note that EPC data is not available for all properties in Rochester.

5 MERRYFIELDS: Plot and Title Map

5 MERRYFIELDS sits on a plot of roughly 0.101 of an acre, or 411m². The below map shows the location of 5 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 5 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 5 MERRYFIELDS?

5 MERRYFIELDS is located in STROOD, in the ME2 postcode district. The below map shows the position of No. 5 on MERRYFIELDS.