37, GALLEON WAY, UPNOR, ROCHESTER, ME2 4GX - £485,000

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

37 GALLEON WAY is a very small extended detached house of 105m², built sometime between 1996 and 2002. It was last sold for £485,000 in November 2023, which was around 6% below the average November 2023 detached price in the Medway local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

37 GALLEON WAY Sold Prices

Land registry data shows three sales for 37 GALLEON WAY 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. One of the three 37 GALLEON WAY sales was for below the average price, whilst two 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
2023 17 NOV	£485,000	£516,323	6% below HPI
2011 31 MAY	£295,000	£255,264	16% above HPI
2003 13 JUN	£239,950	£225,490	6% above HPI

37 GALLEON 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 three 37 GALLEON WAY sales between June 2003 and November 2023 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 May 2011 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2023 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 37 GALLEON WAY?

37 GALLEON WAY is 105m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the smallest 20% of detached houses in Lower Upnor, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Upnor, and where 37 GALLEON WAY lies on this distribution: 14% of detached houses are smaller than 37 GALLEON WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Lower Upnor.

37 GALLEON WAY: Plot and Title Map

37 GALLEON WAY sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 37 GALLEON 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 37 GALLEON 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 37 GALLEON WAY?

37 GALLEON WAY is located in UPNOR, in the ME2 postcode district. The below map shows the position of No. 37 on GALLEON WAY.