41, JERSEY ROAD, ROCHESTER, ME2 3PB - £298,000

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.

41 JERSEY ROAD is a small terraced house of 94m², built sometime between 1900 and 1929, which could now be worth an estimated £372,236. It was last sold for £298,000 in July 2020, which was around 36% above the average July 2020 terraced price in the Medway local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

41 JERSEY ROAD Sold Prices

Land registry data shows five sales for 41 JERSEY ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the five 41 JERSEY 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
2020 23 JUL	£298,000	£219,651	36% above HPI
2016 15 JUL	£295,000	£203,156	45% above HPI
2015 21 AUG	£192,000	£175,058	10% above HPI
2007 31 OCT	£184,500	£153,755	20% above HPI
1999 30 APR	£67,000	£51,612	30% above HPI

41 JERSEY 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 five 41 JERSEY ROAD sales between April 1999 and July 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 July 2016 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the July 2020 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 41 JERSEY ROAD be worth now?

41 JERSEY ROAD might now be worth an estimated £372,236.

This is based on house price inflation of 24.9%, between July 2020 and July 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 24.9% inflationary increase is applied to the most recent sale price for 41 JERSEY ROAD of £298,000 on 23rd July 2020. For the value to have increased from £298,000 to £372,236 over the five years to July 2025, the following assumptions must hold true:

• The value of 41 JERSEY ROAD has moved in line with the HPI for terraced houses in the Medway local authority area.
• The July 2020 sale price of £298,000 represented a fair market value for the property.
• The size, condition, and specification of 41 JERSEY ROAD has not materially changed since July 2020.

How Large is 41 JERSEY ROAD?

41 JERSEY ROAD is 94m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% 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 41 JERSEY ROAD lies on this distribution: 22% of terraced houses houses are smaller than 41 JERSEY ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Rochester.

41 JERSEY ROAD: Plot and Title Map

41 JERSEY ROAD sits on a plot of roughly 0.046 of an acre, or 186m². The below map shows the location of 41 JERSEY 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 41 JERSEY 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 41 JERSEY ROAD?

41 JERSEY ROAD is located in ROCHESTER, in the ME2 postcode district. The below map shows the position of No. 41 on JERSEY ROAD.