49, MURRAY ROAD, ROCHESTER, ME2 4HJ - £235,000

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

49 MURRAY ROAD is a very small extended semi-detached house of 91m², built sometime between 1930 and 1949. It was last sold for £235,000 in September 2015, which was around 31% below the average September 2015 detached price in the Medway local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

49 MURRAY ROAD Sold Prices

Land registry data shows three sales for 49 MURRAY ROAD 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. All of the three 49 MURRAY ROAD 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
2015 18 SEP	£235,000	£340,310	31% below HPI
2005 14 NOV	£171,500	£247,220	31% below HPI
2002 24 JAN	£95,000	£170,404	44% below HPI

49 MURRAY 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 three 49 MURRAY ROAD sales between January 2002 and September 2015 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 November 2005 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2015 sale, which was also at 31% below the HPI.

How Large is 49 MURRAY ROAD?

49 MURRAY ROAD is 91m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% 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 MURRAY ROAD lies on this distribution: 20% of detached houses are smaller than 49 MURRAY ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Rochester.

49 MURRAY ROAD: Plot and Title Map

49 MURRAY ROAD sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 49 MURRAY 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 49 MURRAY 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 49 MURRAY ROAD?

49 MURRAY ROAD is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 49 on MURRAY ROAD.