Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
245 CLIFFE ROAD is a very large detached house of 287m², built sometime between 1930 and 1949. It was last sold for £680,000 in July 2020, which was around 60% above the average July 2020 detached price in the Medway local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 245 CLIFFE ROAD 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. Two of the three 245 CLIFFE ROAD sales were for above the average price, whilst one was 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 |
---|---|---|---|
2020 7 JUL | £680,000 | £426,239 | 60% above HPI |
2005 27 JUN | £405,000 | £245,368 | 65% above HPI |
1997 14 NOV | £53,000 | £98,347 | 46% 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 245 CLIFFE ROAD sales between November 1997 and July 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 June 2005 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the July 2020 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.
245 CLIFFE ROAD is 287m² according to the EPC inspection conducted in June 2019. 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 245 CLIFFE ROAD lies on this distribution: 98% of detached houses are smaller than 245 CLIFFE ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Rochester.
245 CLIFFE ROAD sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of 245 CLIFFE 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 245 CLIFFE 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.
245 CLIFFE ROAD is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 245 on CLIFFE ROAD.