123, ELAINE AVENUE, ROCHESTER, ME2 2YP - £370,000

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

123 ELAINE AVENUE is a very small detached house of 85m², built sometime between 1930 and 1949. It was last sold for £370,000 in September 2021, which was around 20% below the average September 2021 detached price in the Medway local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

123 ELAINE AVENUE Sold Prices

Land registry data shows three sales for 123 ELAINE AVENUE 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. All of the three 123 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
2021 24 SEP	£370,000	£463,458	20% below HPI
2007 30 MAR	£230,000	£263,725	13% below HPI
1997 10 OCT	£90,000	£98,217	8% below HPI

123 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 three 123 ELAINE AVENUE sales between October 1997 and September 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 March 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 123 ELAINE AVENUE?

123 ELAINE AVENUE is 85m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 123 ELAINE AVENUE lies on this distribution: 14% of detached houses are smaller than 123 ELAINE AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Rochester.

123 ELAINE AVENUE: Plot and Title Map

123 ELAINE AVENUE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 123 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 123 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 123 ELAINE AVENUE?

123 ELAINE AVENUE is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 123 on ELAINE AVENUE.