2, MASON WAY, WAINSCOTT, ROCHESTER, ME3 8GT - £367,000

2 MASON WAY is a very small detached house of 85m², built sometime between 2003 and 2006. It was last sold for £367,000 in February 2018, which was around 13% below the average February 2018 detached price in the Medway local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

2 MASON WAY Sold Prices

Land registry data shows two sales for 2 MASON WAY 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 2 MASON WAY 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
2018 23 FEB	£367,000	£423,322	13% below HPI
2003 13 MAR	£195,000	£216,030	10% below HPI

2 MASON WAY 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 2 MASON WAY sales from March 2003 and February 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 March 2003 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 MASON WAY?

2 MASON WAY is 85m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 2 MASON WAY lies on this distribution: 14% of detached houses are smaller than 2 MASON WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Rochester.

2 MASON WAY: Plot and Title Map

2 MASON WAY sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 2 MASON WAY, 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 MASON WAY). 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 MASON WAY?

2 MASON WAY is located in WAINSCOTT, in the ME3 postcode district. The below map shows the position of No. 2 on MASON WAY.