22, MILL CLOSE, ROCHESTER, ME2 3DA - £447,000

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.

22 MILL CLOSE is a very large detached house of 210m², built sometime between 1950 and 1966, which could now be worth an estimated £740,092. It was last sold for £447,000 in September 2014, which was around 40% above the average September 2014 detached price in the Medway local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

22 MILL CLOSE Sold Prices

Land registry data shows three sales for 22 MILL 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. All of the three 22 MILL 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
2014 29 SEP	£447,000	£320,429	40% above HPI
2003 29 SEP	£328,000	£236,342	39% above HPI
1998 9 MAR	£175,000	£101,852	72% above HPI

22 MILL 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 22 MILL CLOSE sales between March 1998 and September 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 September 2003 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the September 2014 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 22 MILL CLOSE be worth now?

22 MILL CLOSE might now be worth an estimated £740,092.

This is based on house price inflation of 65.6%, between September 2014 and April 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 65.6% inflationary increase is applied to the most recent sale price for 22 MILL CLOSE of £447,000 on 29th September 2014. For the value to have increased from £447,000 to £740,092 over the twelve years and five months to April 2026, the following assumptions must hold true:

• The value of 22 MILL CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The September 2014 sale price of £447,000 represented a fair market value for the property.
• The size, condition, and specification of 22 MILL CLOSE has not materially changed since September 2014.

How Large is 22 MILL CLOSE?

22 MILL CLOSE is 210m² according to the EPC inspection conducted in October 2013. This puts it in the largest 10% 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 22 MILL CLOSE lies on this distribution: 93% of detached houses houses are smaller than 22 MILL CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Rochester.

22 MILL CLOSE: Plot and Title Map

22 MILL CLOSE sits on a plot of roughly 0.353 of an acre, or 1,430m². The below map shows the location of 22 MILL 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 22 MILL 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 22 MILL CLOSE?

22 MILL CLOSE is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 22 on MILL CLOSE.