GLEBE COTTAGE, VICARAGE ROAD, HALLING, ROCHESTER, ME2 1BE - £175,000

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.

GLEBE COTTAGE is a very small extended detached house of 65m², built sometime between 1950 and 1966, which could now be worth an estimated £204,798. It was last sold for £175,000 in January 2021, which was around 62% below the average January 2021 detached price in the Medway local authority area. The most recent EPC inspection was October 2020, where the current energy rating was E, and the potential energy rating was B.

GLEBE COTTAGE Sold Prices

Land registry data shows two sales for GLEBE COTTAGE 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. Both of the two GLEBE COTTAGE 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
2021 29 JAN	£175,000	£460,294	62% below HPI
1997 25 JUL	£52,000	£94,846	45% below HPI

GLEBE COTTAGE 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 GLEBE COTTAGE sales from July 1997 and January 2021 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 1997 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the January 2021 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

What might GLEBE COTTAGE be worth now?

GLEBE COTTAGE might now be worth an estimated £204,798.

This is based on house price inflation of 17%, between January 2021 and February 2025, for detached 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 17% inflationary increase is applied to the most recent sale price for GLEBE COTTAGE of £175,000 on 29th January 2021. For the value to have increased from £175,000 to £204,798 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of GLEBE COTTAGE has moved in line with the HPI for detached houses in the Medway local authority area.
• The January 2021 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of GLEBE COTTAGE has not materially changed since January 2021.

How Large is GLEBE COTTAGE?

GLEBE COTTAGE is 65m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of detached houses houses in Halling, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halling, and where GLEBE COTTAGE lies on this distribution: Less than 1% of detached houses houses are smaller than GLEBE COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Halling.

GLEBE COTTAGE: Plot and Title Map

GLEBE COTTAGE sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of GLEBE COTTAGE, 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 GLEBE COTTAGE). 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 GLEBE COTTAGE?

GLEBE COTTAGE is located on VICARAGE ROAD in HALLING, in the ME2 postcode district. The below map shows the position of GLEBE COTTAGE on VICARAGE ROAD.