2, HOLMES CLOSE, HIGH HALSTOW, ROCHESTER, ME3 8RY - £130,000

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.

2 HOLMES CLOSE is a very small terraced house of 51m², built sometime between 2003 and 2006, which could now be worth an estimated £280,650. It was last sold for £130,000 in July 2009, which was around 4% above the average July 2009 terraced price in the Medway local authority area. The most recent EPC inspection was March 2011, where the current energy rating was B, and the potential energy rating was B.

2 HOLMES CLOSE Sold Prices

Land registry data shows three sales for 2 HOLMES CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the three 2 HOLMES CLOSE sales were 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
2009 10 JUL	£130,000	£125,038	4% above HPI
2001 23 MAY	£86,000	£70,699	22% above HPI
1998 5 OCT	£66,995	£50,705	32% above HPI

2 HOLMES CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Medway local authority area over time, sourced from the HPI. The three 2 HOLMES CLOSE sales between October 1998 and July 2009 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 2001 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the July 2009 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 2 HOLMES CLOSE be worth now?

2 HOLMES CLOSE might now be worth an estimated £280,650.

This is based on house price inflation of 115.9%, between July 2009 and May 2026, for terraced 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 115.9% inflationary increase is applied to the most recent sale price for 2 HOLMES CLOSE of £130,000 on 10th July 2009. For the value to have increased from £130,000 to £280,650 over the seventeen years and two months to May 2026, the following assumptions must hold true:

• The value of 2 HOLMES CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The July 2009 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HOLMES CLOSE has not materially changed since July 2009.

How Large is 2 HOLMES CLOSE?

2 HOLMES CLOSE is 51m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of terraced houses houses in High Halstow, based on EPC data. The below chart shows the distribution of terraced houses houses by size in High Halstow, and where 2 HOLMES CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 2 HOLMES CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in High Halstow.

2 HOLMES CLOSE: Plot and Title Map

2 HOLMES CLOSE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 2 HOLMES 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 2 HOLMES 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 2 HOLMES CLOSE?

2 HOLMES CLOSE is located in HIGH HALSTOW, in the ME3 postcode district. The below map shows the position of No. 2 on HOLMES CLOSE.