8, NAGS HEAD LANE, ROCHESTER, ME1 1BB - £262,000

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 NAGS HEAD LANE is a very small detached house of 79m², built sometime between 1983 and 1990. It was last sold for £262,000 in July 2019, which was around 38% below the average July 2019 detached price in the Medway local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

8 NAGS HEAD LANE Sold Prices

Land registry data shows two sales for 8 NAGS HEAD LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Both of the two 8 NAGS HEAD LANE 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
2019 4 JUL	£262,000	£424,108	38% below HPI
1996 16 AUG	£64,000	£85,248	25% below HPI

8 NAGS HEAD LANE 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 two 8 NAGS HEAD LANE sales from August 1996 and July 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 August 1996 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2019 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 8 NAGS HEAD LANE?

8 NAGS HEAD LANE is 79m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% 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 NAGS HEAD LANE lies on this distribution: 10% of detached houses are smaller than 8 NAGS HEAD LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Rochester.

8 NAGS HEAD LANE: Plot and Title Map

8 NAGS HEAD LANE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 8 NAGS HEAD LANE, 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 NAGS HEAD LANE). 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 NAGS HEAD LANE?

8 NAGS HEAD LANE is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 8 on NAGS HEAD LANE.