38, TOWN ROAD, CLIFFE WOODS, ROCHESTER, ME3 8JE - £292,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 TOWN ROAD is a small detached house of 101m², built sometime between 1950 and 1966, which could now be worth an estimated £601,019. It was last sold for £292,500 in May 2011, which was around 12% above the average May 2011 detached price in the Medway local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was C.

38 TOWN ROAD Sold Prices

Land registry data shows two sales for 38 TOWN ROAD 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 38 TOWN ROAD 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
2011 31 MAY	£292,500	£262,157	12% above HPI
2007 18 JUL	£309,995	£278,897	11% above HPI

38 TOWN 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 two 38 TOWN ROAD sales from July 2007 and May 2011 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 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the May 2011 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 38 TOWN ROAD be worth now?

38 TOWN ROAD might now be worth an estimated £601,019.

This is based on house price inflation of 105.5%, between May 2011 and February 2025, for detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 105.5% inflationary increase is applied to the most recent sale price for 38 TOWN ROAD of £292,500 on 31st May 2011. For the value to have increased from £292,500 to £601,019 over the fourteen years and three months to February 2025, the following assumptions must hold true:

• The value of 38 TOWN ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The May 2011 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 38 TOWN ROAD has not materially changed since May 2011.

How Large is 38 TOWN ROAD?

38 TOWN ROAD is 101m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 30% of detached houses houses in Cliffe Woods, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cliffe Woods, and where 38 TOWN ROAD lies on this distribution: 27% of detached houses houses are smaller than 38 TOWN ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Cliffe Woods.

38 TOWN ROAD: Plot and Title Map

38 TOWN ROAD sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 38 TOWN 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 38 TOWN 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 38 TOWN ROAD?

38 TOWN ROAD is located in CLIFFE WOODS, in the ME3 postcode district. The below map shows the position of No. 38 on TOWN ROAD.