9, MILL ROAD, ROCHESTER, ME2 3BS - £180,000

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.

9 MILL ROAD is a very small extended terraced house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £330,253. It was last sold for £180,000 in March 2014, which was around 20% above the average March 2014 terraced price in the Medway local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

9 MILL ROAD Sold Prices

Land registry data shows four sales for 9 MILL ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the four 9 MILL ROAD 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
2014 24 MAR	£180,000	£149,541	20% above HPI
2011 15 JUL	£160,000	£135,877	18% above HPI
2007 27 MAR	£182,500	£144,863	26% above HPI
1997 20 OCT	£55,000	£47,218	16% above HPI

9 MILL ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Medway local authority area over time, sourced from the HPI. The four 9 MILL ROAD sales between October 1997 and March 2014 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 July 2011 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2014 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 9 MILL ROAD be worth now?

9 MILL ROAD might now be worth an estimated £330,253.

This is based on house price inflation of 83.5%, between March 2014 and July 2025, for terraced 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 83.5% inflationary increase is applied to the most recent sale price for 9 MILL ROAD of £180,000 on 24th March 2014. For the value to have increased from £180,000 to £330,253 over the ten years and eight months to July 2025, the following assumptions must hold true:

• The value of 9 MILL ROAD has moved in line with the HPI for terraced houses in the Medway local authority area.
• The March 2014 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MILL ROAD has not materially changed since March 2014.

How Large is 9 MILL ROAD?

9 MILL ROAD is 85m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of terraced houses houses in Rochester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rochester, and where 9 MILL ROAD lies on this distribution: 14% of terraced houses houses are smaller than 9 MILL ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Rochester.

9 MILL ROAD: Plot and Title Map

9 MILL ROAD sits on a plot of roughly 0.039 of an acre, or 156m². The below map shows the location of 9 MILL 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 9 MILL 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.

Where is 9 MILL ROAD?

9 MILL ROAD is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 9 on MILL ROAD.