9, WALLACE ROAD, ROCHESTER, ME1 2SZ - £332,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

9 WALLACE ROAD is a very large extended detached house of 169m², built sometime between 1930 and 1949. It was last sold for £332,500 in September 2012, which was around 29% above the average September 2012 detached price in the Medway local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was C.

9 WALLACE ROAD Sold Prices

Land registry data shows two sales for 9 WALLACE ROAD 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. One of the two 9 WALLACE ROAD sales was for above the average price, whilst the other was 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
2012 4 SEP	£332,500	£257,984	29% above HPI
2011 27 JUN	£250,000	£255,110	2% below HPI

9 WALLACE ROAD 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 9 WALLACE ROAD sales from June 2011 and September 2012 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 June 2011 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2012 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 9 WALLACE ROAD?

9 WALLACE ROAD is 169m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the largest 20% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 9 WALLACE ROAD lies on this distribution: 82% of detached houses are smaller than 9 WALLACE ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Rochester.

9 WALLACE ROAD: Plot and Title Map

9 WALLACE ROAD sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 9 WALLACE 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 WALLACE 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 WALLACE ROAD?

9 WALLACE ROAD is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 9 on WALLACE ROAD.