53, SCHOLEY CLOSE, HALLING, ROCHESTER, ME2 1JZ - £475,000

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

53 SCHOLEY CLOSE is a very small extended detached house of 91m², built sometime between 1996 and 2002. It was last sold for £475,000 in October 2022, which was around 10% below the average October 2022 detached price in the Medway local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

53 SCHOLEY CLOSE Sold Prices

Land registry data shows four sales for 53 SCHOLEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. two of the four 53 SCHOLEY CLOSE sales were for below the average price, and four 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
2022 21 OCT	£475,000	£527,402	10% below HPI
2004 9 JUL	£239,000	£242,047	1% below HPI
2000 31 JUL	£144,995	£138,869	4% above HPI
1996 29 OCT	£94,950	£87,604	8% above HPI

53 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 four 53 SCHOLEY CLOSE sales between October 1996 and October 2022 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 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 53 SCHOLEY CLOSE?

53 SCHOLEY CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses in Halling, based on EPC data. The below chart shows the distribution of detached houses by size in Halling, and where 53 SCHOLEY CLOSE lies on this distribution: 10% of detached houses are smaller than 53 SCHOLEY CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Halling.

53 SCHOLEY CLOSE: Plot and Title Map

53 SCHOLEY CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 53 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 53 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 53 SCHOLEY CLOSE?

53 SCHOLEY CLOSE is located in HALLING, in the ME2 postcode district. The below map shows the position of No. 53 on SCHOLEY CLOSE.