BRANDS PATCH, OLD WATLING STREET, ROCHESTER, ME2 3UG - £247,000

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

BRANDS PATCH is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £247,000 in February 2010, which was around 25% below the average February 2010 detached price in the Gravesham local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was C.

BRANDS PATCH Sold Prices

Land registry data shows two sales for BRANDS PATCH since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. Both of the two BRANDS PATCH 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
2010 26 FEB	£247,000	£327,829	25% below HPI
1996 30 SEP	£80,000	£118,196	32% below HPI

BRANDS PATCH Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gravesham local authority area over time, sourced from the HPI. The two BRANDS PATCH sales from September 1996 and February 2010 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 September 1996 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2010 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is BRANDS PATCH?

BRANDS PATCH is 78m² according to the EPC inspection conducted in April 2009. 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 BRANDS PATCH lies on this distribution: 9% of detached houses are smaller than BRANDS PATCH, and 91% of houses are larger. Note that EPC data is not available for all properties in Rochester.

BRANDS PATCH: Plot and Title Map

BRANDS PATCH sits on a plot of roughly 0.150 of an acre, or 608m². The below map shows the location of BRANDS PATCH, 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 BRANDS PATCH). 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 BRANDS PATCH?

BRANDS PATCH is located on OLD WATLING STREET in ROCHESTER, in the ME2 postcode district. The below map shows the position of BRANDS PATCH on OLD WATLING STREET.