229, CITY WAY, ROCHESTER, ME1 2TL - £540,000

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

229 CITY WAY is a very large extended detached house of 227m², built sometime between 1930 and 1949. It was last sold for £540,000 in November 2012, which was around 110% above the average November 2012 detached price in the Medway local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

229 CITY WAY Sold Prices

Land registry data shows two sales for 229 CITY WAY 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 229 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
2012 30 NOV	£540,000	£256,926	110% above HPI
1999 6 SEP	£159,500	£116,106	37% above HPI

229 CITY WAY 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 229 CITY WAY sales from September 1999 and November 2012 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 September 1999 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the November 2012 sale, where it rises to 110% above the HPI. The line then continues to track at 110% above the HPI.

How Large is 229 CITY WAY?

229 CITY WAY is 227m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 10% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 229 CITY WAY lies on this distribution: 95% of detached houses are smaller than 229 CITY WAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Rochester.

229 CITY WAY: Plot and Title Map

229 CITY WAY sits on a plot of roughly 0.325 of an acre, or 1,316m². The below map shows the location of 229 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 229 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 229 CITY WAY?

229 CITY WAY is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 229 on CITY WAY.