18, MILL ROAD, ROCHESTER, ME2 3BT - £416,000

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

18 MILL ROAD is a large detached house of 155m², built sometime between 1983 and 1990. It was last sold for £416,000 in October 2017, which was around 2% below the average October 2017 detached price in the Medway local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

18 MILL ROAD Sold Prices

Land registry data shows two sales for 18 MILL ROAD 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 18 MILL ROAD sales was for below the average price, whilst the other was 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
2017 27 OCT	£416,000	£423,218	2% below HPI
1998 26 FEB	£155,950	£98,439	58% above HPI

18 MILL ROAD 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 18 MILL ROAD sales from February 1998 and October 2017 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 February 1998 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the October 2017 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 18 MILL ROAD?

18 MILL ROAD is 155m² according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 18 MILL ROAD lies on this distribution: 74% of detached houses are smaller than 18 MILL ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Rochester.

18 MILL ROAD: Plot and Title Map

18 MILL ROAD sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 18 MILL ROAD, 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 18 MILL ROAD). 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 18 MILL ROAD?

18 MILL ROAD is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 18 on MILL ROAD.