15, THE TIMBERS, HALLING, ROCHESTER, ME2 1FY - £500,000

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

15 THE TIMBERS is a midsized detached house of 120m². It was last sold for £500,000 in March 2021, which was around 12% above the average March 2021 detached price in the Medway local authority area. The most recent EPC inspection was February 2016, where the current energy rating was B, and the potential energy rating was A.

15 THE TIMBERS Sold Prices

Land registry data shows two sales for 15 THE TIMBERS 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 15 THE TIMBERS sales were for above 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 1 MAR	£500,000	£444,521	12% above HPI
2016 24 MAR	£404,995	£363,932	11% above HPI

15 THE TIMBERS 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 TIMBERS sales from March 2016 and March 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 2016 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 15 THE TIMBERS?

15 THE TIMBERS is 120m² according to the EPC inspection conducted in February 2016. This puts it in the largest 40% of detached houses in Halling, based on EPC data. The below chart shows the distribution of detached houses by size in Halling, and where 15 THE TIMBERS lies on this distribution: 49% of detached houses are smaller than 15 THE TIMBERS, and 37% of houses are larger. Note that EPC data is not available for all properties in Halling.

15 THE TIMBERS: Plot and Title Map

15 THE TIMBERS sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 15 THE TIMBERS, 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 TIMBERS). 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 TIMBERS?

15 THE TIMBERS is located in HALLING, in the ME2 postcode district. The below map shows the position of No. 15 on THE TIMBERS.