9, SCHOLEY CLOSE, HALLING, ROCHESTER, ME2 1JZ - £317,500

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.

9 SCHOLEY CLOSE is a very small semi-detached house of 57m², built sometime between 1991 and 1995, which could now be worth an estimated £316,099. It was last sold for £317,500 in November 2022, which was around 10% below the average November 2022 semi-detached price in the Medway local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

9 SCHOLEY CLOSE Sold Prices

Land registry data shows two sales for 9 SCHOLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. One of the two 9 SCHOLEY 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
2022 25 NOV	£317,500	£353,163	10% below HPI
1995 7 DEC	£64,950	£51,809	25% above HPI

9 SCHOLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The two 9 SCHOLEY CLOSE sales from December 1995 and November 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 December 1995 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the November 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 9 SCHOLEY CLOSE be worth now?

9 SCHOLEY CLOSE might now be worth an estimated £316,099.

This is based on house price deflation of 0.4%, between November 2022 and February 2025, for semi-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 0.4% deflationary decrease is applied to the most recent sale price for 9 SCHOLEY CLOSE of £317,500 on 25th November 2022. For the value to have decreased from £317,500 to £316,099 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 9 SCHOLEY CLOSE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The November 2022 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 9 SCHOLEY CLOSE has not materially changed since November 2022.

How Large is 9 SCHOLEY CLOSE?

9 SCHOLEY CLOSE is 57m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of semi-detached houses houses in Halling, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Halling, and where 9 SCHOLEY CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 9 SCHOLEY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Halling.

9 SCHOLEY CLOSE: Plot and Title Map

9 SCHOLEY CLOSE sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 9 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 9 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 9 SCHOLEY CLOSE?

9 SCHOLEY CLOSE is located in HALLING, in the ME2 postcode district. The below map shows the position of No. 9 on SCHOLEY CLOSE.