SCHOOL HOUSE, HIGH STREET, ISLE OF GRAIN, ROCHESTER, ME3 0BS - £230,000

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.

SCHOOL HOUSE is a midsized extended detached house of 89m², built sometime before 1900, which could now be worth an estimated £438,660. It was last sold for £230,000 in December 2013, which was around 19% below the average December 2013 detached price in the Medway local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was C.

SCHOOL HOUSE Sold Prices

Land registry data shows two sales for SCHOOL HOUSE 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 SCHOOL HOUSE sales were for below 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 17 DEC	£230,000	£282,438	19% below HPI
1997 21 NOV	£63,000	£101,003	38% below HPI

SCHOOL HOUSE 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 SCHOOL HOUSE sales from November 1997 and December 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 November 1997 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2013 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might SCHOOL HOUSE be worth now?

SCHOOL HOUSE might now be worth an estimated £438,660.

This is based on house price inflation of 90.7%, between December 2013 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 90.7% inflationary increase is applied to the most recent sale price for SCHOOL HOUSE of £230,000 on 17th December 2013. For the value to have increased from £230,000 to £438,660 over the twelve years and ten months to February 2025, the following assumptions must hold true:

• The value of SCHOOL HOUSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The December 2013 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of SCHOOL HOUSE has not materially changed since December 2013.

How Large is SCHOOL HOUSE?

SCHOOL HOUSE is 89m², which includes two extensions, according to the EPC inspection conducted in April 2013. This puts it in the smallest 50% of detached houses houses in Grain, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grain, and where SCHOOL HOUSE lies on this distribution: 40% of detached houses houses are smaller than SCHOOL HOUSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Grain.

SCHOOL HOUSE: Plot and Title Map

SCHOOL HOUSE sits on a plot of roughly 0.158 of an acre, or 640m². The below map shows the location of SCHOOL HOUSE, 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 SCHOOL HOUSE). 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 SCHOOL HOUSE?

SCHOOL HOUSE is located on HIGH STREET in ISLE OF GRAIN, in the ME3 postcode district. The below map shows the position of SCHOOL HOUSE on HIGH STREET.