49, CITY WAY, ROCHESTER, ME1 2AX - £397,000

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

49 CITY WAY is a midsized extended detached house of 122m², built sometime between 1930 and 1949. It was last sold for £397,000 in August 2017, which was around 6% below the average August 2017 detached price in the Medway local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

49 CITY WAY Sold Prices

Land registry data shows four sales for 49 CITY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Most of the four 49 CITY WAY 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
2017 14 AUG	£397,000	£421,464	6% below HPI
2011 30 AUG	£290,000	£255,508	13% above HPI
2004 11 NOV	£268,000	£251,887	6% above HPI
1998 3 JUL	£135,000	£103,119	31% above HPI

49 CITY 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 four 49 CITY WAY sales between July 1998 and August 2017 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 August 2011 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2017 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 49 CITY WAY?

49 CITY WAY is 122m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 50% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 49 CITY WAY lies on this distribution: 50% of detached houses are smaller than 49 CITY WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Rochester.

49 CITY WAY: Plot and Title Map

49 CITY WAY sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 49 CITY 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 49 CITY 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 49 CITY WAY?

49 CITY WAY is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 49 on CITY WAY.