25, PARSONAGE LANE, ROCHESTER, ME2 4HP - £320,000

25 PARSONAGE LANE is a very small detached house of 75m², built sometime between 1930 and 1949. It was last sold for £320,000 in September 2013, which was around 18% above the average September 2013 detached price in the Medway local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

25 PARSONAGE LANE Sold Prices

Land registry data shows two sales for 25 PARSONAGE LANE 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. One of the two 25 PARSONAGE LANE sales was for above the average price, whilst the other 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
2013 2 SEP	£320,000	£271,487	18% above HPI
1997 31 JAN	£81,000	£86,990	7% below HPI

25 PARSONAGE LANE 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 25 PARSONAGE LANE sales from January 1997 and September 2013 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 1997 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2013 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 25 PARSONAGE LANE?

25 PARSONAGE LANE is 75m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 10% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where 25 PARSONAGE LANE lies on this distribution: 7% of detached houses are smaller than 25 PARSONAGE LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Rochester.

25 PARSONAGE LANE: Plot and Title Map

25 PARSONAGE LANE sits on a plot of roughly 0.185 of an acre, or 750m². The below map shows the location of 25 PARSONAGE LANE, 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 25 PARSONAGE LANE). 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 25 PARSONAGE LANE?

25 PARSONAGE LANE is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 25 on PARSONAGE LANE.