15, THE ESPLANADE, ROCHESTER, ME1 1QW - £490,000

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

15 THE ESPLANADE is a large extended detached house of 139m², built sometime between 1900 and 1929. It was last sold for £490,000 in November 2018, which was around 13% above the average November 2018 detached price in the Medway local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

15 THE ESPLANADE Sold Prices

Land registry data shows two sales for 15 THE ESPLANADE 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 15 THE ESPLANADE 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
2018 28 NOV	£490,000	£432,626	13% above HPI
1999 25 OCT	£108,000	£119,346	10% below HPI

15 THE ESPLANADE 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 15 THE ESPLANADE sales from October 1999 and November 2018 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 October 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2018 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 15 THE ESPLANADE?

15 THE ESPLANADE is 139m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 40% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 15 THE ESPLANADE lies on this distribution: 65% of detached houses are smaller than 15 THE ESPLANADE, and 35% of houses are larger. Note that EPC data is not available for all properties in Rochester.

15 THE ESPLANADE: Plot and Title Map

15 THE ESPLANADE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 15 THE ESPLANADE, 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 15 THE ESPLANADE). 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 15 THE ESPLANADE?

15 THE ESPLANADE is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 15 on THE ESPLANADE.