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
11A ESSEX ROAD is a very small extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £265,000 in September 2015, which was around 22% below the average September 2015 detached price in the Medway local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 11A ESSEX ROAD since 1st 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. All of the three 11A ESSEX 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 29 SEP | £265,000 | £340,310 | 22% below HPI |
2000 25 FEB | £89,500 | £122,428 | 27% below HPI |
1997 27 NOV | £79,000 | £98,347 | 20% below HPI |
The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The three 11A ESSEX ROAD sales between November 1997 and September 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 February 2000 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.
11A ESSEX ROAD is 93m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses in Halling, based on EPC data. The below chart shows the distribution of detached houses by size in Halling, and where 11A ESSEX ROAD lies on this distribution: 13% of detached houses are smaller than 11A ESSEX ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Halling.
11A ESSEX ROAD sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 11A ESSEX 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 11A ESSEX 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.
11A ESSEX ROAD is located in HALLING, in the ME2 postcode district. The below map shows the position of No. 11A on ESSEX ROAD.