HILLVIEW, MAIN ROAD, CHATTENDEN, ROCHESTER, ME3 8PP - £350,000

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.

HILLVIEW is a small detached house of 97m², built sometime between 1930 and 1949, which could now be worth an estimated £426,687. It was last sold for £350,000 in February 2019, which was around 21% below the average February 2019 detached price in the Medway local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

HILLVIEW Sold Prices

Land registry data shows four sales for HILLVIEW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Most of the four HILLVIEW sales were for above 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
2019 14 FEB	£350,000	£441,857	21% below HPI
2001 22 OCT	£175,000	£169,748	3% above HPI
1999 21 MAY	£115,000	£113,411	1% above HPI
1996 6 DEC	£95,000	£89,709	6% above HPI

HILLVIEW 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 four HILLVIEW sales between December 1996 and February 2019 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 October 2001 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the February 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might HILLVIEW be worth now?

HILLVIEW might now be worth an estimated £426,687.

This is based on house price inflation of 21.9%, between February 2019 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 21.9% inflationary increase is applied to the most recent sale price for HILLVIEW of £350,000 on 14th February 2019. For the value to have increased from £350,000 to £426,687 over the six years to February 2025, the following assumptions must hold true:

• The value of HILLVIEW has moved in line with the HPI for detached houses in the Medway local authority area.
• The February 2019 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of HILLVIEW has not materially changed since February 2019.

How Large is HILLVIEW?

HILLVIEW is 97m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% of detached houses houses in Chattenden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chattenden, and where HILLVIEW lies on this distribution: 23% of detached houses houses are smaller than HILLVIEW, and 77% of houses are larger. Note that EPC data is not available for all properties in Chattenden.

HILLVIEW: Plot and Title Map

HILLVIEW sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of HILLVIEW, 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 HILLVIEW). 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 HILLVIEW?

HILLVIEW is located on MAIN ROAD in CHATTENDEN, in the ME3 postcode district. The below map shows the position of HILLVIEW on MAIN ROAD.