7, PETCHART CLOSE, CUXTON, ROCHESTER, ME2 1NA - £495,000

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

7 PETCHART CLOSE is a large detached house of 140m², built sometime between 2003 and 2006. It was last sold for £495,000 in August 2019, which was around 17% above the average August 2019 detached price in the Medway local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

7 PETCHART CLOSE Sold Prices

Land registry data shows four sales for 7 PETCHART CLOSE 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. The four 7 PETCHART CLOSE sales were a mix of above the average price, and roughly equal to 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
2019 30 AUG	£495,000	£424,351	17% above HPI
2019 24 MAY	£425,000	£424,709	Close to HPI
2015 20 APR	£403,500	£314,028	28% above HPI
2004 26 NOV	£320,000	£251,887	27% above HPI

7 PETCHART CLOSE 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 7 PETCHART CLOSE sales between November 2004 and August 2019 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 May 2019 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2019 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 7 PETCHART CLOSE?

7 PETCHART CLOSE is 140m² according to the EPC inspection conducted in December 2018. This puts it in the largest 30% of detached houses in Cuxton, based on EPC data. The below chart shows the distribution of detached houses by size in Cuxton, and where 7 PETCHART CLOSE lies on this distribution: 74% of detached houses are smaller than 7 PETCHART CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Cuxton.

7 PETCHART CLOSE: Plot and Title Map

7 PETCHART CLOSE sits on a plot of roughly 0.113 of an acre, or 456m². The below map shows the location of 7 PETCHART CLOSE, 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 7 PETCHART CLOSE). 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 7 PETCHART CLOSE?

7 PETCHART CLOSE is located in CUXTON, in the ME2 postcode district. The below map shows the position of No. 7 on PETCHART CLOSE.