8, NIVEN CLOSE, WAINSCOTT, ROCHESTER, ME3 8BS - £287,000

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

8 NIVEN CLOSE is a small detached house of 109m², built sometime between 1996 and 2002. It was last sold for £287,000 in June 2013, which was around 8% above the average June 2013 detached price in the Medway local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

8 NIVEN CLOSE Sold Prices

Land registry data shows two sales for 8 NIVEN 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. Both of the two 8 NIVEN 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
2013 14 JUN	£287,000	£264,726	8% above HPI
1998 30 OCT	£142,000	£106,413	33% above HPI

8 NIVEN 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 8 NIVEN CLOSE sales from October 1998 and June 2013 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 1998 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the June 2013 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 8 NIVEN CLOSE?

8 NIVEN CLOSE is 109m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 40% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 8 NIVEN CLOSE lies on this distribution: 37% of detached houses are smaller than 8 NIVEN CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Rochester.

8 NIVEN CLOSE: Plot and Title Map

8 NIVEN CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 8 NIVEN 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 8 NIVEN 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 8 NIVEN CLOSE?

8 NIVEN CLOSE is located in WAINSCOTT, in the ME3 postcode district. The below map shows the position of No. 8 on NIVEN CLOSE.