57, COOLING ROAD, ROCHESTER, ME2 4RP - £325,000

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

57 COOLING ROAD is a very small terraced house of 78m². It was last sold for £325,000 in July 2024, which was around 36% below the average July 2024 detached price in the Medway local authority area. The most recent EPC inspection was October 2020, where the current energy rating was B, and the potential energy rating was A.

57 COOLING ROAD Sold Prices

Land registry data shows four sales for 57 COOLING ROAD 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 57 COOLING 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
2024 26 JUL	£325,000	£507,732	36% below HPI
2021 11 MAR	£310,000	£444,521	30% below HPI
2019 30 MAY	£420,000	£424,709	1% below HPI
2015 25 SEP	£330,000	£340,310	3% below HPI

57 COOLING 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 four 57 COOLING ROAD sales between September 2015 and July 2024 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 2021 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2024 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 57 COOLING ROAD?

57 COOLING ROAD is 78m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 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 57 COOLING ROAD lies on this distribution: 9% of detached houses are smaller than 57 COOLING ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Rochester.

57 COOLING ROAD: Plot and Title Map

57 COOLING ROAD sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of 57 COOLING 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 57 COOLING 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 57 COOLING ROAD?

57 COOLING ROAD is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 57 on COOLING ROAD.