24, ALBANY ROAD, ROCHESTER, ME1 3ET - £350,000

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

24 ALBANY ROAD is a very small extended detached house of 63m², built sometime between 1976 and 1982. It was last sold for £350,000 in September 2016, which was around 11% below the average September 2016 detached price in the Medway local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

24 ALBANY ROAD Sold Prices

Land registry data shows three sales for 24 ALBANY ROAD since 1^st 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 24 ALBANY ROAD sales were for below 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
2016 23 SEP	£350,000	£395,083	11% below HPI
2014 22 APR	£280,000	£286,994	2% below HPI
2011 1 DEC	£247,000	£254,366	3% below HPI

24 ALBANY 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 three 24 ALBANY ROAD sales between December 2011 and September 2016 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 April 2014 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 24 ALBANY ROAD?

24 ALBANY ROAD is 63m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 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 24 ALBANY ROAD lies on this distribution: 2% of detached houses are smaller than 24 ALBANY ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Rochester.

24 ALBANY ROAD: Plot and Title Map

24 ALBANY ROAD sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 24 ALBANY 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 24 ALBANY 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 24 ALBANY ROAD?

24 ALBANY ROAD is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 24 on ALBANY ROAD.