490C, CITY WAY, ROCHESTER, ME1 2TW - £665,000

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

490C CITY WAY is a very large extended detached house of 218m². It was last sold for £665,000 in September 2020, which was around 53% above the average September 2020 detached price in the Medway local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

490C CITY WAY Sold Prices

Land registry data shows two sales for 490C CITY WAY 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. One of the two 490C CITY WAY sales was for above the average price, whilst the other was 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
2020 30 SEP	£665,000	£435,215	53% above HPI
2007 9 NOV	£230,000	£281,687	18% below HPI

490C 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 two 490C CITY WAY sales from November 2007 and September 2020 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 2007 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2020 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 490C CITY WAY?

490C CITY WAY is 218m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 10% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 490C CITY WAY lies on this distribution: 94% of detached houses are smaller than 490C CITY WAY, and 6% of houses are larger. Note that EPC data is not available for all properties in Rochester.

490C CITY WAY: Plot and Title Map

490C CITY WAY sits on a plot of roughly 0.049 of an acre, or 199m². The below map shows the location of 490C 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 490C 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 490C CITY WAY?

490C CITY WAY is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 490C on CITY WAY.