1, CENTRAL ROAD, ROCHESTER, ME2 3HF - £580,000

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 CENTRAL ROAD is a large detached house of 142m², built sometime between 1950 and 1966. It was last sold for £580,000 in September 2022, which was around 11% above the average September 2022 detached price in the Medway local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was C.

1 CENTRAL ROAD Sold Prices

Land registry data shows four sales for 1 CENTRAL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 1 CENTRAL ROAD 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 23 SEP	£580,000	£520,577	11% above HPI
2021 19 MAR	£580,000	£444,521	30% above HPI
2007 17 AUG	£360,000	£275,939	30% above HPI
2005 10 FEB	£249,950	£247,061	1% above HPI

1 CENTRAL 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 four 1 CENTRAL ROAD sales between February 2005 and September 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 March 2021 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2022 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 1 CENTRAL ROAD?

1 CENTRAL ROAD is 142m² according to the EPC inspection conducted in June 2013. 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 1 CENTRAL ROAD lies on this distribution: 66% of detached houses are smaller than 1 CENTRAL ROAD, and 33% of houses are larger. Note that EPC data is not available for all properties in Rochester.

1 CENTRAL ROAD: Plot and Title Map

1 CENTRAL ROAD sits on a plot of roughly 0.152 of an acre, or 613m². The below map shows the location of 1 CENTRAL 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 CENTRAL 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 CENTRAL ROAD?

1 CENTRAL ROAD is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 1 on CENTRAL ROAD.