232, CITY WAY, ROCHESTER, ME1 2BN - £430,000

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

232 CITY WAY is a very large extended detached house of 181m², built sometime between 1930 and 1949. It was last sold for £430,000 in July 2013, which was around 62% above the average July 2013 detached price in the Medway local authority area. The most recent EPC inspection was June 2010, where the current energy rating was C, and the potential energy rating was C.

232 CITY WAY Sold Prices

Land registry data shows two sales for 232 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 232 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
2013 31 JUL	£430,000	£265,705	62% above HPI
1998 9 JUL	£182,000	£103,119	76% above HPI

232 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 232 CITY WAY sales from July 1998 and July 2013 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 July 1998 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the July 2013 sale, where it falls to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 232 CITY WAY?

232 CITY WAY is 181m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 20% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 232 CITY WAY lies on this distribution: 88% of detached houses are smaller than 232 CITY WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Rochester.

232 CITY WAY: Plot and Title Map

232 CITY WAY sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of 232 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 232 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 232 CITY WAY?

232 CITY WAY is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 232 on CITY WAY.