65, ESSEX ROAD, HALLING, ROCHESTER, ME2 1AX - £305,000

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 ESSEX ROAD is a very small detached house of 56m², built sometime before 1900. It was last sold for £305,000 in March 2023, which was around 42% below the average March 2023 detached price in the Medway local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was B.

65 ESSEX ROAD Sold Prices

Land registry data shows four sales for 65 ESSEX 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 65 ESSEX 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
2023 17 MAR	£305,000	£527,026	42% below HPI
2016 1 AUG	£223,500	£394,713	43% below HPI
2014 5 SEP	£155,000	£312,003	50% below HPI
1998 2 APR	£33,000	£100,653	67% below HPI

65 ESSEX 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 65 ESSEX ROAD sales between April 1998 and March 2023 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 August 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2023 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 65 ESSEX ROAD?

65 ESSEX ROAD is 56m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Halling, based on EPC data. The below chart shows the distribution of detached houses by size in Halling, and where 65 ESSEX ROAD lies on this distribution: Less than 1% of detached houses are smaller than 65 ESSEX ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Halling.

65 ESSEX ROAD: Plot and Title Map

65 ESSEX ROAD sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 65 ESSEX 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 ESSEX 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 ESSEX ROAD?

65 ESSEX ROAD is located in HALLING, in the ME2 postcode district. The below map shows the position of No. 65 on ESSEX ROAD.