1, BROADWOOD ROAD, CHATTENDEN, ROCHESTER, ME3 8LU - £325,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 BROADWOOD ROAD is a very small extended detached house of 76m², built sometime between 1950 and 1966. It was last sold for £325,000 in February 2020, which was around 22% below the average February 2020 detached price in the Medway local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was B.

1 BROADWOOD ROAD Sold Prices

Land registry data shows two sales for 1 BROADWOOD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Both of the two 1 BROADWOOD ROAD sales were for below 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
2020 7 FEB	£325,000	£415,348	22% below HPI
2019 11 JAN	£245,000	£431,259	43% below HPI

1 BROADWOOD ROAD 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 two 1 BROADWOOD ROAD sales from January 2019 and February 2020 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 January 2019 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1 BROADWOOD ROAD?

1 BROADWOOD ROAD is 76m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% of detached houses in Chattenden, based on EPC data. The below chart shows the distribution of detached houses by size in Chattenden, and where 1 BROADWOOD ROAD lies on this distribution: 3% of detached houses are smaller than 1 BROADWOOD ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Chattenden.

1 BROADWOOD ROAD: Plot and Title Map

1 BROADWOOD ROAD sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 1 BROADWOOD ROAD, 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 1 BROADWOOD ROAD). 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 1 BROADWOOD ROAD?

1 BROADWOOD ROAD is located in CHATTENDEN, in the ME3 postcode district. The below map shows the position of No. 1 on BROADWOOD ROAD.