THE MOUNT, GORSE ROAD, ROCHESTER, ME2 3LR - £435,000

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 MOUNT is a large detached house of 139m², built sometime between 1930 and 1949. It was last sold for £435,000 in November 2015, which was around 24% above the average November 2015 detached price in the Medway local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

THE MOUNT Sold Prices

Land registry data shows two sales for THE MOUNT 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 THE MOUNT 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
2015 20 NOV	£435,000	£349,556	24% above HPI
2014 16 JUN	£300,000	£292,889	2% above HPI

THE MOUNT 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 THE MOUNT sales from June 2014 and November 2015 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 June 2014 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2015 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is THE MOUNT?

THE MOUNT is 139m² according to the EPC inspection conducted in May 2014. This puts it in the largest 40% 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 MOUNT lies on this distribution: 65% of detached houses are smaller than THE MOUNT, and 35% of houses are larger. Note that EPC data is not available for all properties in Rochester.

THE MOUNT: Plot and Title Map

THE MOUNT sits on a plot of roughly 0.188 of an acre, or 762m². The below map shows the location of THE MOUNT, 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 MOUNT). 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 MOUNT?

THE MOUNT is located on GORSE ROAD in ROCHESTER, in the ME2 postcode district. The below map shows the position of THE MOUNT on GORSE ROAD.