6, FARRADAY CLOSE, ROCHESTER, ME1 2SQ - £512,500

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.

6 FARRADAY CLOSE is a large extended detached house of 132m², built sometime between 1976 and 1982, which could now be worth an estimated £523,561. It was last sold for £512,500 in July 2023, which was around 3% below the average July 2023 detached price in the Medway local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

6 FARRADAY CLOSE Sold Prices

Land registry data shows two sales for 6 FARRADAY 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. One of the two 6 FARRADAY CLOSE sales was for below the average price, whilst the other was 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
2023 10 JUL	£512,500	£527,291	3% below HPI
1996 15 APR	£99,000	£85,585	16% above HPI

6 FARRADAY 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 6 FARRADAY CLOSE sales from April 1996 and July 2023 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 April 1996 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2023 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 6 FARRADAY CLOSE be worth now?

6 FARRADAY CLOSE might now be worth an estimated £523,561.

This is based on house price inflation of 2.2%, between July 2023 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 2.2% inflationary increase is applied to the most recent sale price for 6 FARRADAY CLOSE of £512,500 on 10th July 2023. For the value to have increased from £512,500 to £523,561 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 6 FARRADAY CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The July 2023 sale price of £512,500 represented a fair market value for the property.
• The size, condition, and specification of 6 FARRADAY CLOSE has not materially changed since July 2023.

How Large is 6 FARRADAY CLOSE?

6 FARRADAY CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the largest 40% of detached houses houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochester, and where 6 FARRADAY CLOSE lies on this distribution: 60% of detached houses houses are smaller than 6 FARRADAY CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Rochester.

6 FARRADAY CLOSE: Plot and Title Map

6 FARRADAY CLOSE sits on a plot of roughly 0.143 of an acre, or 578m². The below map shows the location of 6 FARRADAY 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 6 FARRADAY 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 6 FARRADAY CLOSE?

6 FARRADAY CLOSE is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 6 on FARRADAY CLOSE.