65, BALFOUR ROAD, CHATHAM, ME4 6QX - £216,000

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

65 BALFOUR ROAD is a very small detached house of 87m², built sometime between 1950 and 1966. It was last sold for £216,000 in October 2015, which was around 37% below the average October 2015 detached price in the Medway local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

65 BALFOUR ROAD Sold Prices

Land registry data shows three sales for 65 BALFOUR 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 65 BALFOUR 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 19 OCT	£216,000	£343,683	37% below HPI
2003 3 JAN	£142,500	£213,287	33% below HPI
1997 27 JUN	£55,000	£91,634	40% below HPI

65 BALFOUR 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 65 BALFOUR ROAD sales between June 1997 and October 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 January 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2015 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 65 BALFOUR ROAD?

65 BALFOUR ROAD is 87m² according to the EPC inspection conducted in March 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 65 BALFOUR ROAD lies on this distribution: 16% of detached houses are smaller than 65 BALFOUR ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Rochester.

65 BALFOUR ROAD: Plot and Title Map

65 BALFOUR ROAD sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 65 BALFOUR 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 65 BALFOUR 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 65 BALFOUR ROAD?

65 BALFOUR ROAD is located in CHATHAM, in the ME4 postcode district. The below map shows the position of No. 65 on BALFOUR ROAD.