34, PARKFIELDS, ROCHESTER, ME2 2TW - £450,000

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.

34 PARKFIELDS is a midsized extended semi-detached house of 117m², built sometime between 1950 and 1966, which could now be worth an estimated £532,552. It was last sold for £450,000 in April 2021, which was around 51% above the average April 2021 semi-detached price in the Medway local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

34 PARKFIELDS Sold Prices

Land registry data shows two sales for 34 PARKFIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. Both of the two 34 PARKFIELDS 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
2021 16 APR	£450,000	£297,102	51% above HPI
1997 9 MAY	£105,000	£57,235	83% above HPI

34 PARKFIELDS 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 two 34 PARKFIELDS sales from May 1997 and April 2021 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 1997 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the April 2021 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 34 PARKFIELDS be worth now?

34 PARKFIELDS might now be worth an estimated £532,552.

This is based on house price inflation of 18.3%, between April 2021 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 18.3% inflationary increase is applied to the most recent sale price for 34 PARKFIELDS of £450,000 on 16th April 2021. For the value to have increased from £450,000 to £532,552 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 34 PARKFIELDS has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The April 2021 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 34 PARKFIELDS has not materially changed since April 2021.

How Large is 34 PARKFIELDS?

34 PARKFIELDS is 117m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the smallest 50% 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 34 PARKFIELDS lies on this distribution: 44% of semi-detached houses houses are smaller than 34 PARKFIELDS, and 55% of houses are larger. Note that EPC data is not available for all properties in Rochester.

34 PARKFIELDS: Plot and Title Map

34 PARKFIELDS sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 34 PARKFIELDS, 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 34 PARKFIELDS). 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 34 PARKFIELDS?

34 PARKFIELDS is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 34 on PARKFIELDS.