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
97 ELAINE AVENUE is a small detached house of 96m². It was last sold for £333,000 in February 2017, which was around 18% below the average February 2017 detached price in the Medway local authority area. The most recent EPC inspection was June 2016, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows five sales for 97 ELAINE AVENUE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the five 97 ELAINE AVENUE 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 |
---|---|---|---|
2017 24 FEB | £333,000 | £404,458 | 18% below HPI |
2016 1 JUL | £312,500 | £388,592 | 20% below HPI |
2016 20 JAN | £193,610 | £354,513 | 45% below HPI |
2012 16 AUG | £182,000 | £255,227 | 29% below HPI |
2005 17 JUN | £150,000 | £245,368 | 39% below HPI |
The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The five 97 ELAINE AVENUE sales between June 2005 and February 2017 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 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2017 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
97 ELAINE AVENUE is 96m² according to the EPC inspection conducted in June 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 97 ELAINE AVENUE lies on this distribution: 24% of detached houses are smaller than 97 ELAINE AVENUE, and 75% of houses are larger. Note that EPC data is not available for all properties in Rochester.
97 ELAINE AVENUE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 97 ELAINE AVENUE, 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 97 ELAINE AVENUE). 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.
97 ELAINE AVENUE is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 97 on ELAINE AVENUE.