2, CORNWALL ROAD, ROCHESTER, ME1 3DR - £345,000

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.

2 CORNWALL ROAD is a very small extended terraced house of 81m², built sometime between 1900 and 1929, which could now be worth an estimated £365,758. It was last sold for £345,000 in January 2022, which was around 35% above the average January 2022 terraced price in the Medway local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was B.

2 CORNWALL ROAD Sold Prices

Land registry data shows six sales for 2 CORNWALL ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the six 2 CORNWALL ROAD 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
2022 28 JAN	£345,000	£254,618	35% above HPI
2015 4 DEC	£265,000	£183,609	44% above HPI
2005 26 AUG	£190,000	£131,914	44% above HPI
2003 23 MAY	£170,000	£106,068	60% above HPI
2001 25 MAY	£126,000	£70,699	78% above HPI
2000 21 JAN	£81,000	£57,938	40% above HPI

2 CORNWALL ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Medway local authority area over time, sourced from the HPI. The six 2 CORNWALL ROAD sales between January 2000 and January 2022 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 2015 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the January 2022 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 2 CORNWALL ROAD be worth now?

2 CORNWALL ROAD might now be worth an estimated £365,758.

This is based on house price inflation of 6%, between January 2022 and May 2026, for terraced 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 6% inflationary increase is applied to the most recent sale price for 2 CORNWALL ROAD of £345,000 on 28th January 2022. For the value to have increased from £345,000 to £365,758 over the three years and eight months to May 2026, the following assumptions must hold true:

• The value of 2 CORNWALL ROAD has moved in line with the HPI for terraced houses in the Medway local authority area.
• The January 2022 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CORNWALL ROAD has not materially changed since January 2022.

How Large is 2 CORNWALL ROAD?

2 CORNWALL ROAD is 81m², which includes two extensions, according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of terraced houses houses in Rochester, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Rochester, and where 2 CORNWALL ROAD lies on this distribution: 9% of terraced houses houses are smaller than 2 CORNWALL ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Rochester.

2 CORNWALL ROAD: Plot and Title Map

2 CORNWALL ROAD sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 2 CORNWALL 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 2 CORNWALL 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 2 CORNWALL ROAD?

2 CORNWALL ROAD is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 2 on CORNWALL ROAD.