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
242 ROCHESTER STREET is a small extended detached house of 90m², built sometime between 1930 and 1949. It was last sold for £185,000 in July 2014, which was around 38% below the average July 2014 detached price in the Medway local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 242 ROCHESTER STREET since 1st 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 242 ROCHESTER STREET 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 |
---|---|---|---|
2014 7 JUL | £185,000 | £300,368 | 38% below HPI |
1999 16 JUL | £67,000 | £110,969 | 40% below HPI |
1997 4 APR | £54,995 | £90,525 | 39% below HPI |
The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The three 242 ROCHESTER STREET sales between April 1997 and July 2014 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 1999 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2014 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.
242 ROCHESTER STREET is 90m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the smallest 30% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 242 ROCHESTER STREET lies on this distribution: 26% of detached houses are smaller than 242 ROCHESTER STREET, and 74% of houses are larger. Note that EPC data is not available for all properties in Chatham.
242 ROCHESTER STREET sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 242 ROCHESTER STREET, 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 242 ROCHESTER STREET). 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.
242 ROCHESTER STREET is located in CHATHAM, in the ME4 postcode district. The below map shows the position of No. 242 on ROCHESTER STREET.