1, CORNWALL ROAD, ROCHESTER, ME1 3DR - £312,000

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.

1 CORNWALL ROAD is a midsized detached house of 123m², built sometime between 1930 and 1949, which could now be worth an estimated £468,153. It was last sold for £312,000 in November 2015, which was around 13% below the average November 2015 detached price in the Medway local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

1 CORNWALL ROAD Sold Prices

Land registry data shows three sales for 1 CORNWALL ROAD 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. Two of the three 1 CORNWALL ROAD sales were for below the average price, whilst one was 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
2015 24 NOV	£312,000	£358,997	13% below HPI
2007 20 SEP	£323,000	£284,855	13% above HPI
2004 19 MAR	£224,000	£244,280	8% below HPI

1 CORNWALL 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 three 1 CORNWALL ROAD sales between March 2004 and November 2015 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 2007 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the November 2015 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 1 CORNWALL ROAD be worth now?

1 CORNWALL ROAD might now be worth an estimated £468,153.

This is based on house price inflation of 50%, between November 2015 and February 2025, for 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 50% inflationary increase is applied to the most recent sale price for 1 CORNWALL ROAD of £312,000 on 24th November 2015. For the value to have increased from £312,000 to £468,153 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 1 CORNWALL ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The November 2015 sale price of £312,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CORNWALL ROAD has not materially changed since November 2015.

How Large is 1 CORNWALL ROAD?

1 CORNWALL ROAD is 123m² according to the EPC inspection conducted in June 2011. This puts it in the largest 50% of detached houses houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochester, and where 1 CORNWALL ROAD lies on this distribution: 52% of detached houses houses are smaller than 1 CORNWALL ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Rochester.

1 CORNWALL ROAD: Plot and Title Map

1 CORNWALL ROAD sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 1 CORNWALL 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 CORNWALL 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 CORNWALL ROAD?

1 CORNWALL ROAD is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 1 on CORNWALL ROAD.