147, CITY WAY, ROCHESTER, ME1 2BE - £600,000

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

147 CITY WAY is a midsized extended detached house of 118m², built sometime between 1930 and 1949. It was last sold for £600,000 in May 2020, which was around 41% above the average May 2020 detached price in the Medway local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

147 CITY WAY Sold Prices

Land registry data shows two sales for 147 CITY WAY 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. One of the two 147 CITY WAY sales was for above the average price, whilst the other was 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
2020 5 MAY	£600,000	£424,795	41% above HPI
2005 11 NOV	£222,500	£247,220	10% below HPI

147 CITY 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 two 147 CITY WAY sales from November 2005 and May 2020 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 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2020 sale, where it rises to 41% above the HPI. The line then continues to track at 41% above the HPI.

How Large is 147 CITY WAY?

147 CITY WAY is 118m², which includes two extensions, according to the EPC inspection conducted in March 2013. This puts it in the smallest 50% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 147 CITY WAY lies on this distribution: 45% of detached houses are smaller than 147 CITY WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Rochester.

147 CITY WAY: Plot and Title Map

147 CITY WAY sits on a plot of roughly 0.187 of an acre, or 756m². The below map shows the location of 147 CITY 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 147 CITY 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 147 CITY WAY?

147 CITY WAY is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 147 on CITY WAY.