49, PILGRIMS WAY, CUXTON, ROCHESTER, ME2 1LG - £600,000

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 PILGRIMS WAY is a very large detached house of 154m², built sometime between 1991 and 1995. It was last sold for £600,000 in June 2022, which was around 19% above the average June 2022 detached price in the Medway local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

49 PILGRIMS WAY Sold Prices

Land registry data shows four sales for 49 PILGRIMS 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. All of the four 49 PILGRIMS 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
2022 6 JUN	£600,000	£503,884	19% above HPI
2016 4 MAR	£420,000	£363,932	15% above HPI
2010 26 MAY	£293,000	£258,319	13% above HPI
2000 20 DEC	£159,995	£143,830	11% above HPI

49 PILGRIMS 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 PILGRIMS WAY sales between December 2000 and June 2022 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 March 2016 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2022 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 49 PILGRIMS WAY?

49 PILGRIMS WAY is 154m² according to the EPC inspection conducted in December 2021. This puts it in the largest 20% of detached houses in Cuxton, based on EPC data. The below chart shows the distribution of detached houses by size in Cuxton, and where 49 PILGRIMS WAY lies on this distribution: 84% of detached houses are smaller than 49 PILGRIMS WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Cuxton.

49 PILGRIMS WAY: Plot and Title Map

49 PILGRIMS WAY sits on a plot of roughly 0.174 of an acre, or 705m². The below map shows the location of 49 PILGRIMS 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 PILGRIMS 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 PILGRIMS WAY?

49 PILGRIMS WAY is located in CUXTON, in the ME2 postcode district. The below map shows the position of No. 49 on PILGRIMS WAY.