16, CARPENTERS CLOSE, ROCHESTER, ME1 2QH - £136,500

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.

16 CARPENTERS CLOSE is a very small semi-detached house of 61m², built sometime between 1991 and 1995, which could now be worth an estimated £344,014. It was last sold for £136,500 in April 2003, which was around 2% below the average April 2003 semi-detached price in the Medway local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

16 CARPENTERS CLOSE Sold Prices

Land registry data shows three sales for 16 CARPENTERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. All of the three 16 CARPENTERS CLOSE 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
2003 28 APR	£136,500	£139,512	2% below HPI
2002 3 MAY	£92,000	£111,547	18% below HPI
1998 26 NOV	£66,000	£66,540	1% below HPI

16 CARPENTERS 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 three 16 CARPENTERS CLOSE sales between November 1998 and April 2003 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 May 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the April 2003 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 16 CARPENTERS CLOSE be worth now?

16 CARPENTERS CLOSE might now be worth an estimated £344,014.

This is based on house price inflation of 152%, between April 2003 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 152% inflationary increase is applied to the most recent sale price for 16 CARPENTERS CLOSE of £136,500 on 28th April 2003. For the value to have increased from £136,500 to £344,014 over the 22 years and two months to February 2025, the following assumptions must hold true:

• The value of 16 CARPENTERS CLOSE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The April 2003 sale price of £136,500 represented a fair market value for the property.
• The size, condition, and specification of 16 CARPENTERS CLOSE has not materially changed since April 2003.

How Large is 16 CARPENTERS CLOSE?

16 CARPENTERS CLOSE is 61m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of semi-detached houses houses in Rochester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rochester, and where 16 CARPENTERS CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 16 CARPENTERS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Rochester.

16 CARPENTERS CLOSE: Plot and Title Map

16 CARPENTERS CLOSE sits on a plot of roughly 0.029 of an acre, or 119m². The below map shows the location of 16 CARPENTERS 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 16 CARPENTERS 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 16 CARPENTERS CLOSE?

16 CARPENTERS CLOSE is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 16 on CARPENTERS CLOSE.