4, STANHOPE ROAD, ROCHESTER, ME2 3EJ - £134,000

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.

4 STANHOPE ROAD is a very small extended terraced house of 76m², built sometime between 1900 and 1929, which could now be worth an estimated £166,395. It was last sold for £134,000 in August 2020, which was around 39% below the average August 2020 terraced price in the Medway local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

4 STANHOPE ROAD Sold Prices

Land registry data shows four sales for 4 STANHOPE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the four 4 STANHOPE 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 26 AUG	£134,000	£220,754	39% below HPI
2006 12 JAN	£120,000	£133,654	10% below HPI
2001 12 FEB	£64,500	£67,945	5% below HPI
1999 28 MAY	£50,000	£52,916	6% below HPI

4 STANHOPE 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 four 4 STANHOPE ROAD sales between May 1999 and August 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 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2020 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 4 STANHOPE ROAD be worth now?

4 STANHOPE ROAD might now be worth an estimated £166,395.

This is based on house price inflation of 24.2%, between August 2020 and October 2025, 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 24.2% inflationary increase is applied to the most recent sale price for 4 STANHOPE ROAD of £134,000 on 26th August 2020. For the value to have increased from £134,000 to £166,395 over the four years and ten months to October 2025, the following assumptions must hold true:

• The value of 4 STANHOPE ROAD has moved in line with the HPI for terraced houses in the Medway local authority area.
• The August 2020 sale price of £134,000 represented a fair market value for the property.
• The size, condition, and specification of 4 STANHOPE ROAD has not materially changed since August 2020.

How Large is 4 STANHOPE ROAD?

4 STANHOPE ROAD is 76m², which includes two extensions, according to the EPC inspection conducted in July 2020. 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 4 STANHOPE ROAD lies on this distribution: 7% of terraced houses houses are smaller than 4 STANHOPE ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Rochester.

4 STANHOPE ROAD: Plot and Title Map

4 STANHOPE ROAD sits on a plot of roughly 0.023 of an acre, or 95m². The below map shows the location of 4 STANHOPE 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 4 STANHOPE 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 4 STANHOPE ROAD?

4 STANHOPE ROAD is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 4 on STANHOPE ROAD.