10, SQUIRES CLOSE, ROCHESTER, ME2 2TZ - £288,500

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.

10 SQUIRES CLOSE is a midsized detached house of 119m², built sometime between 1950 and 1966, which could now be worth an estimated £508,563. It was last sold for £288,500 in May 2014, which was around 3% below the average May 2014 detached price in the Medway local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

10 SQUIRES CLOSE Sold Prices

Land registry data shows three sales for 10 SQUIRES CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Two of the three 10 SQUIRES CLOSE sales were for below the average price, whilst one 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
2014 2 MAY	£288,500	£298,345	3% below HPI
2003 28 JAN	£232,000	£219,047	6% above HPI
1999 15 JAN	£83,000	£110,817	25% below HPI

10 SQUIRES 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 three 10 SQUIRES CLOSE sales between January 1999 and May 2014 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 January 2003 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2014 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 10 SQUIRES CLOSE be worth now?

10 SQUIRES CLOSE might now be worth an estimated £508,563.

This is based on house price inflation of 76.3%, between May 2014 and May 2026, 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 76.3% inflationary increase is applied to the most recent sale price for 10 SQUIRES CLOSE of £288,500 on 2nd May 2014. For the value to have increased from £288,500 to £508,563 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 10 SQUIRES CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The May 2014 sale price of £288,500 represented a fair market value for the property.
• The size, condition, and specification of 10 SQUIRES CLOSE has not materially changed since May 2014.

How Large is 10 SQUIRES CLOSE?

10 SQUIRES CLOSE is 119m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 50% 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 10 SQUIRES CLOSE lies on this distribution: 47% of detached houses houses are smaller than 10 SQUIRES CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Rochester.

10 SQUIRES CLOSE: Plot and Title Map

10 SQUIRES CLOSE sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 10 SQUIRES 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 10 SQUIRES 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 10 SQUIRES CLOSE?

10 SQUIRES CLOSE is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 10 on SQUIRES CLOSE.