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
16 HIGH BANK is a large detached house of 137m², built sometime between 2003 and 2006. It was last sold for £452,000 in May 2019, which was around 6% above the average May 2019 detached price in the Medway local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 16 HIGH BANK 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 16 HIGH BANK 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 |
---|---|---|---|
2019 3 MAY | £452,000 | £424,709 | 6% above HPI |
2004 26 AUG | £276,000 | £248,702 | 11% above HPI |
1996 25 OCT | £125,000 | £87,604 | 43% above HPI |
The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The three 16 HIGH BANK sales between October 1996 and May 2019 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 August 2004 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2019 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.
16 HIGH BANK is 137m² according to the EPC inspection conducted in May 2018. 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 16 HIGH BANK lies on this distribution: 63% of detached houses are smaller than 16 HIGH BANK, and 36% of houses are larger. Note that EPC data is not available for all properties in Rochester.
16 HIGH BANK sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 16 HIGH BANK, 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 16 HIGH BANK). 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.
16 HIGH BANK is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 16 on HIGH BANK.