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

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.

BRANDS PATCH is a very small detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £494,543. It was last sold for £247,000 in February 2010, which was around 21% 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	£314,067	21% below HPI
1996 30 SEP	£80,000	£113,235	29% 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 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2010 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might BRANDS PATCH be worth now?

BRANDS PATCH might now be worth an estimated £494,543.

This is based on house price inflation of 100.2%, between February 2010 and February 2025, for detached houses, in the Gravesham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 100.2% inflationary increase is applied to the most recent sale price for BRANDS PATCH of £247,000 on 26th February 2010. For the value to have increased from £247,000 to £494,543 over the fifteen years to February 2025, the following assumptions must hold true:

• The value of BRANDS PATCH has moved in line with the HPI for detached houses in the Gravesham local authority area.
• The February 2010 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of BRANDS PATCH has not materially changed since February 2010.

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 houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochester, and where BRANDS PATCH lies on this distribution: 9% of detached houses 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.