9, MILL CLOSE, ROCHESTER, ME2 3DA - £400,000

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.

9 MILL CLOSE is a very small semi-detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £401,221. It was last sold for £400,000 in August 2022, which was around 15% above the average August 2022 semi-detached price in the Medway local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

9 MILL CLOSE Sold Prices

Land registry data shows four sales for 9 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. All of the four 9 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
2022 19 AUG	£400,000	£347,952	15% above HPI
2013 27 SEP	£195,000	£180,367	8% above HPI
2007 20 DEC	£207,000	£189,993	9% above HPI
2003 26 MAR	£138,000	£136,020	1% above HPI

9 MILL 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 four 9 MILL CLOSE sales between March 2003 and August 2022 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 2013 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 9 MILL CLOSE be worth now?

9 MILL CLOSE might now be worth an estimated £401,221.

This is based on house price inflation of 0.3%, between August 2022 and April 2026, 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 0.3% inflationary increase is applied to the most recent sale price for 9 MILL CLOSE of £400,000 on 19th August 2022. For the value to have increased from £400,000 to £401,221 over the four years and four months to April 2026, the following assumptions must hold true:

• The value of 9 MILL CLOSE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The August 2022 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MILL CLOSE has not materially changed since August 2022.

How Large is 9 MILL CLOSE?

9 MILL CLOSE is 81m² according to the EPC inspection conducted in June 2013. 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 9 MILL CLOSE lies on this distribution: 10% of semi-detached houses houses are smaller than 9 MILL CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Rochester.

9 MILL CLOSE: Plot and Title Map

9 MILL CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 9 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 9 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 9 MILL CLOSE?

9 MILL CLOSE is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 9 on MILL CLOSE.