1, PANNELL ROAD, ISLE OF GRAIN, ROCHESTER, ME3 0ED - £225,000

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 PANNELL ROAD is a small extended detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £333,932. It was last sold for £225,000 in December 2015, which was around 38% below the average December 2015 detached price in the Medway local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

1 PANNELL ROAD Sold Prices

Land registry data shows six sales for 1 PANNELL ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the six 1 PANNELL 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
2015 4 DEC	£225,000	£362,951	38% below HPI
2006 10 JUL	£167,000	£260,493	36% below HPI
2002 18 NOV	£129,000	£214,120	40% below HPI
2000 15 SEP	£89,995	£147,915	39% below HPI
1999 1 FEB	£65,000	£109,389	41% below HPI
1995 10 NOV	£51,000	£83,290	39% below HPI

1 PANNELL 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 six 1 PANNELL ROAD sales between November 1995 and December 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 July 2006 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2015 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 1 PANNELL ROAD be worth now?

1 PANNELL ROAD might now be worth an estimated £333,932.

This is based on house price inflation of 48.4%, between December 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 48.4% inflationary increase is applied to the most recent sale price for 1 PANNELL ROAD of £225,000 on 4th December 2015. For the value to have increased from £225,000 to £333,932 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 PANNELL ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The December 2015 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PANNELL ROAD has not materially changed since December 2015.

How Large is 1 PANNELL ROAD?

1 PANNELL ROAD is 80m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses houses in Grain, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grain, and where 1 PANNELL ROAD lies on this distribution: 30% of detached houses houses are smaller than 1 PANNELL ROAD, and 70% of houses are larger. Note that EPC data is not available for all properties in Grain.

1 PANNELL ROAD: Plot and Title Map

1 PANNELL ROAD sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 1 PANNELL 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 PANNELL 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 PANNELL ROAD?

1 PANNELL ROAD is located in ISLE OF GRAIN, in the ME3 postcode district. The below map shows the position of No. 1 on PANNELL ROAD.