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
56 ROCHESTER ROAD is a small extended detached house of 96m², built sometime between 1930 and 1949. It was last sold for £350,000 in December 2012, which was around 36% above the average December 2012 detached price in the Medway local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows two sales for 56 ROCHESTER ROAD since 1st 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 56 ROCHESTER ROAD 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 |
---|---|---|---|
2012 12 DEC | £350,000 | £257,453 | 36% above HPI |
1998 27 FEB | £80,000 | £98,439 | 19% below HPI |
The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The two 56 ROCHESTER ROAD sales from February 1998 and December 2012 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 February 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2012 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.
56 ROCHESTER ROAD is 96m², which includes two extensions, according to the EPC inspection conducted in August 2011. This puts it in the smallest 30% of detached houses in North Halling, based on EPC data. The below chart shows the distribution of detached houses by size in North Halling, and where 56 ROCHESTER ROAD lies on this distribution: 29% of detached houses are smaller than 56 ROCHESTER ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in North Halling.
56 ROCHESTER ROAD sits on a plot of roughly 0.263 of an acre, or 1,066m². The below map shows the location of 56 ROCHESTER 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 56 ROCHESTER 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.
56 ROCHESTER ROAD is located in HALLING, in the ME2 postcode district. The below map shows the position of No. 56 on ROCHESTER ROAD.