195B, CITY WAY, ROCHESTER, ME1 2TJ - £398,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

195B CITY WAY is a small extended semi-detached house of 104m², built sometime between 1930 and 1949, which could now be worth an estimated £490,081. It was last sold for £398,000 in August 2020, which was around 39% above the average August 2020 semi-detached price in the Medway local authority area. The most recent EPC inspection was December 2019, where the current energy rating was D, and the potential energy rating was B.

195B CITY WAY Sold Prices

Land registry data shows two sales for 195B CITY WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. Both of the two 195B CITY WAY 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
2020 28 AUG	£398,000	£285,542	39% above HPI
1999 20 AUG	£128,000	£69,833	83% above HPI

195B CITY WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The two 195B CITY WAY sales from August 1999 and August 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 August 1999 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the August 2020 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 195B CITY WAY be worth now?

195B CITY WAY might now be worth an estimated £490,081.

This is based on house price inflation of 23.1%, between August 2020 and February 2025, for semi-detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.1% inflationary increase is applied to the most recent sale price for 195B CITY WAY of £398,000 on 28th August 2020. For the value to have increased from £398,000 to £490,081 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 195B CITY WAY has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The August 2020 sale price of £398,000 represented a fair market value for the property.
• The size, condition, and specification of 195B CITY WAY has not materially changed since August 2020.

How Large is 195B CITY WAY?

195B CITY WAY is 104m², which includes two extensions, according to the EPC inspection conducted in December 2019. This puts it in the smallest 40% of semi-detached houses houses in Rochester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rochester, and where 195B CITY WAY lies on this distribution: 30% of semi-detached houses houses are smaller than 195B CITY WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Rochester.

195B CITY WAY: Plot and Title Map

195B CITY WAY sits on a plot of roughly 0.159 of an acre, or 645m². The below map shows the location of 195B 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 195B 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 195B CITY WAY?

195B CITY WAY is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 195B on CITY WAY.