1, GALLEON WAY, UPNOR, ROCHESTER, ME2 4GX - £400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 GALLEON WAY is a very small extended detached house of 108m², built sometime between 1996 and 2002. It was last sold for £400,000 in February 2021, which was around 11% below the average February 2021 detached price in the Medway local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

1 GALLEON WAY Sold Prices

Land registry data shows four sales for 1 GALLEON WAY 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. The four 1 GALLEON WAY sales were a mix of below the average price, and roughly equal to 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 26 FEB	£400,000	£447,652	11% below HPI
2014 31 JUL	£299,950	£300,368	Close to HPI
2007 28 SEP	£278,000	£277,365	Close to HPI
2002 13 DEC	£208,000	£211,748	2% below HPI

1 GALLEON WAY 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 GALLEON WAY sales between December 2002 and February 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 July 2014 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 GALLEON WAY?

1 GALLEON WAY is 108m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 20% of detached houses in Lower Upnor, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Upnor, and where 1 GALLEON WAY lies on this distribution: 19% of detached houses are smaller than 1 GALLEON WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Lower Upnor.

1 GALLEON WAY: Plot and Title Map

1 GALLEON WAY sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 1 GALLEON WAY, 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 GALLEON WAY). 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 GALLEON WAY?

1 GALLEON WAY is located in UPNOR, in the ME2 postcode district. The below map shows the position of No. 1 on GALLEON WAY.