THE CLAVES, HIGHAM ROAD, WAINSCOTT, ROCHESTER, ME3 8BG - £572,500

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

THE CLAVES is a large extended detached house of 149m², built sometime between 1967 and 1975. It was last sold for £572,500 in April 2018, which was around 35% above the average April 2018 detached price in the Medway local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

THE CLAVES Sold Prices

Land registry data shows three sales for THE CLAVES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Two of the three THE CLAVES sales were for above the average price, whilst one was 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
2018 27 APR	£572,500	£425,216	35% above HPI
2013 12 DEC	£322,500	£275,011	17% above HPI
1996 6 NOV	£45,000	£87,203	48% below HPI

THE CLAVES 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 three THE CLAVES sales between November 1996 and April 2018 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 December 2013 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the April 2018 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is THE CLAVES?

THE CLAVES is 149m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 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 THE CLAVES lies on this distribution: 71% of detached houses are smaller than THE CLAVES, and 29% of houses are larger. Note that EPC data is not available for all properties in Rochester.

THE CLAVES: Plot and Title Map

THE CLAVES sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of THE CLAVES, 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 THE CLAVES). 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 THE CLAVES?

THE CLAVES is located on HIGHAM ROAD in WAINSCOTT, in the ME3 postcode district. The below map shows the position of THE CLAVES on HIGHAM ROAD.