THE VINES, DEACON CLOSE, ROCHESTER, ME2 3QQ - £370,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THE VINES is a small detached house of 101m², built sometime between 1991 and 1995, which could now be worth an estimated £433,138. It was last sold for £370,000 in April 2021, which was around 19% below the average April 2021 detached price in the Medway local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

THE VINES Sold Prices

Land registry data shows four sales for THE VINES 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. All of the four THE VINES 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
2021 30 APR	£370,000	£454,964	19% below HPI
2002 26 JUL	£187,000	£193,546	3% below HPI
2001 25 MAY	£152,000	£155,948	3% below HPI
1996 21 JUN	£73,000	£84,529	14% below HPI

THE VINES 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 THE VINES sales between June 1996 and April 2021 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 2002 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might THE VINES be worth now?

THE VINES might now be worth an estimated £433,138.

This is based on house price inflation of 17.1%, between April 2021 and December 2024, 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 17.1% inflationary increase is applied to the most recent sale price for THE VINES of £370,000 on 30th April 2021. For the value to have increased from £370,000 to £433,138 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of THE VINES has moved in line with the HPI for detached houses in the Medway local authority area.
• The April 2021 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of THE VINES has not materially changed since April 2021.

How Large is THE VINES?

THE VINES is 101m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% 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 THE VINES lies on this distribution: 28% of detached houses houses are smaller than THE VINES, and 71% of houses are larger. Note that EPC data is not available for all properties in Rochester.

THE VINES: Plot and Title Map

THE VINES sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of THE VINES, 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 THE VINES). 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 THE VINES?

THE VINES is located on DEACON CLOSE in ROCHESTER, in the ME2 postcode district. The below map shows the position of THE VINES on DEACON CLOSE.