3, FAY CLOSE, ROCHESTER, ME1 1LZ - £550,000

3 FAY CLOSE is a midsized extended detached house of 132m², built sometime between 1996 and 2002. It was last sold for £550,000 in October 2017, which was around 30% above the average October 2017 detached price in the Medway local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

3 FAY CLOSE Sold Prices

Land registry data shows three sales for 3 FAY 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 3 FAY 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
2017 17 OCT	£550,000	£423,218	30% above HPI
2011 16 SEP	£324,000	£257,174	26% above HPI
2000 25 FEB	£224,995	£122,428	84% above HPI

3 FAY 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 3 FAY CLOSE sales between February 2000 and October 2017 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 2011 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the October 2017 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is 3 FAY CLOSE?

3 FAY CLOSE is 132m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 40% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 3 FAY CLOSE lies on this distribution: 60% of detached houses are smaller than 3 FAY CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Rochester.

3 FAY CLOSE: Plot and Title Map

3 FAY CLOSE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 3 FAY 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 3 FAY 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 3 FAY CLOSE?

3 FAY CLOSE is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 3 on FAY CLOSE.