116, ELAINE AVENUE, ROCHESTER, ME2 2YP - £332,000

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

116 ELAINE AVENUE is a very small extended detached house of 67m², built sometime between 1930 and 1949. It was last sold for £332,000 in February 2022, which was around 33% below the average February 2022 detached price in the Medway local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

116 ELAINE AVENUE Sold Prices

Land registry data shows two sales for 116 ELAINE AVENUE 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 116 ELAINE AVENUE 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
2022 25 FEB	£332,000	£493,213	33% below HPI
2001 30 NOV	£135,000	£166,837	19% below HPI

116 ELAINE AVENUE 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 116 ELAINE AVENUE sales from November 2001 and February 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 November 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 116 ELAINE AVENUE?

116 ELAINE AVENUE is 67m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 116 ELAINE AVENUE lies on this distribution: 3% of detached houses are smaller than 116 ELAINE AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Rochester.

116 ELAINE AVENUE: Plot and Title Map

116 ELAINE AVENUE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 116 ELAINE AVENUE, 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 116 ELAINE AVENUE). 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 116 ELAINE AVENUE?

116 ELAINE AVENUE is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 116 on ELAINE AVENUE.