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
65 LABURNUM ROAD is a very large extended detached house of 183m², built sometime between 1950 and 1966. It was last sold for £355,000 in August 2024, which was around 31% below the average August 2024 detached price in the Medway local authority area. The most recent EPC inspection was October 2022, where the current energy rating was F, and the potential energy rating was C.
Land registry data shows five sales for 65 LABURNUM ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the five 65 LABURNUM 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 9 AUG | £355,000 | £515,035 | 31% below HPI |
2017 15 SEP | £350,000 | £421,430 | 17% below HPI |
2013 29 APR | £211,000 | £259,594 | 19% below HPI |
2000 24 NOV | £94,000 | £145,186 | 35% below HPI |
1995 9 NOV | £53,000 | £81,100 | 35% below HPI |
The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The five 65 LABURNUM ROAD sales between November 1995 and August 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 September 2017 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2024 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.
65 LABURNUM ROAD is 183m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 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 LABURNUM ROAD lies on this distribution: 88% of detached houses are smaller than 65 LABURNUM ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Rochester.
65 LABURNUM ROAD sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 65 LABURNUM 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 LABURNUM 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.
65 LABURNUM ROAD is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 65 on LABURNUM ROAD.