1, BROADWOOD ROAD, CHATTENDEN, ROCHESTER, ME3 8LU - £325,000

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.

1 BROADWOOD ROAD is a very small extended detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £410,414. It was last sold for £325,000 in February 2020, which was around 24% below the average February 2020 detached price in the Medway local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was B.

1 BROADWOOD ROAD Sold Prices

Land registry data shows two sales for 1 BROADWOOD ROAD 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 1 BROADWOOD ROAD 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
2020 7 FEB	£325,000	£426,565	24% below HPI
2019 11 JAN	£245,000	£442,906	45% below HPI

1 BROADWOOD ROAD 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 1 BROADWOOD ROAD sales from January 2019 and February 2020 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 January 2019 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 1 BROADWOOD ROAD be worth now?

1 BROADWOOD ROAD might now be worth an estimated £410,414.

This is based on house price inflation of 26.3%, between February 2020 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 26.3% inflationary increase is applied to the most recent sale price for 1 BROADWOOD ROAD of £325,000 on 7th February 2020. For the value to have increased from £325,000 to £410,414 over the five years to February 2025, the following assumptions must hold true:

• The value of 1 BROADWOOD ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The February 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BROADWOOD ROAD has not materially changed since February 2020.

How Large is 1 BROADWOOD ROAD?

1 BROADWOOD ROAD is 76m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 10% 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 1 BROADWOOD ROAD lies on this distribution: 3% of detached houses houses are smaller than 1 BROADWOOD ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Chattenden.

1 BROADWOOD ROAD: Plot and Title Map

1 BROADWOOD ROAD sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 1 BROADWOOD ROAD, 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 1 BROADWOOD ROAD). 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 1 BROADWOOD ROAD?

1 BROADWOOD ROAD is located in CHATTENDEN, in the ME3 postcode district. The below map shows the position of No. 1 on BROADWOOD ROAD.