8, HIGH BANK, ROCHESTER, ME1 2XJ - £460,000

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

8 HIGH BANK is a small extended detached house of 102m², built sometime between 1996 and 2002. It was last sold for £460,000 in August 2018, which was around 5% above the average August 2018 detached price in the Medway local authority area. The most recent EPC inspection was November 2016, where the current energy rating was C, and the potential energy rating was B.

8 HIGH BANK Sold Prices

Land registry data shows four sales for 8 HIGH BANK 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 8 HIGH BANK sales were for above 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
2018 24 AUG	£460,000	£436,176	5% above HPI
2005 17 NOV	£250,000	£247,220	1% above HPI
2001 5 DEC	£187,500	£167,454	12% above HPI
1997 27 MAR	£110,000	£89,198	23% above HPI

8 HIGH BANK 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 8 HIGH BANK sales between March 1997 and August 2018 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 November 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2018 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 8 HIGH BANK?

8 HIGH BANK is 102m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 8 HIGH BANK lies on this distribution: 30% of detached houses are smaller than 8 HIGH BANK, and 70% of houses are larger. Note that EPC data is not available for all properties in Rochester.

8 HIGH BANK: Plot and Title Map

8 HIGH BANK sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 8 HIGH BANK, 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 8 HIGH BANK). 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 8 HIGH BANK?

8 HIGH BANK is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 8 on HIGH BANK.