8, PRIORY COURT, GRAVEL WALK, ROCHESTER, ME1 1GD - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 PRIORY COURT is a very small detached house of 86m², built sometime between 2003 and 2006, which could now be worth an estimated £272,194. It was last sold for £275,000 in February 2023, which was around 49% below the average February 2023 detached price in the Medway local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

8 PRIORY COURT Sold Prices

Land registry data shows three sales for 8 PRIORY COURT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 8 PRIORY COURT 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 16 FEB	£275,000	£544,225	49% below HPI
2016 22 MAR	£218,000	£373,761	42% below HPI
2003 24 JAN	£180,000	£219,047	18% below HPI

8 PRIORY COURT 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 three 8 PRIORY COURT sales between January 2003 and February 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 March 2016 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2023 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 8 PRIORY COURT be worth now?

8 PRIORY COURT might now be worth an estimated £272,194.

This is based on house price deflation of 1%, between February 2023 and February 2025, for detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1% deflationary decrease is applied to the most recent sale price for 8 PRIORY COURT of £275,000 on 16th February 2023. For the value to have decreased from £275,000 to £272,194 over the two years to February 2025, the following assumptions must hold true:

• The value of 8 PRIORY COURT has moved in line with the HPI for detached houses in the Medway local authority area.
• The February 2023 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PRIORY COURT has not materially changed since February 2023.

How Large is 8 PRIORY COURT?

8 PRIORY COURT is 86m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochester, and where 8 PRIORY COURT lies on this distribution: 15% of detached houses houses are smaller than 8 PRIORY COURT, and 84% of houses are larger. Note that EPC data is not available for all properties in Rochester.

8 PRIORY COURT: Plot and Title Map

8 PRIORY COURT sits on a plot of roughly 0.022 of an acre, or 89m². The below map shows the location of 8 PRIORY COURT, 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 PRIORY COURT). 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 PRIORY COURT?

8 PRIORY COURT is located on GRAVEL WALK in ROCHESTER, in the ME1 postcode district. The below map shows the position of 8 PRIORY COURT on GRAVEL WALK.