43, REED STREET, CLIFFE, ROCHESTER, ME3 7UL - £275,000

43 REED STREET is a very small extended detached house of 72m², built sometime between 1950 and 1966. It was last sold for £275,000 in September 2014, which was around 12% below the average September 2014 detached price in the Medway local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

43 REED STREET Sold Prices

Land registry data shows three sales for 43 REED STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 43 REED STREET 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
2014 9 SEP	£275,000	£312,003	12% below HPI
2007 2 JUL	£210,000	£271,564	23% below HPI
1999 27 AUG	£90,000	£112,275	20% below HPI

43 REED STREET 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 three 43 REED STREET sales between August 1999 and September 2014 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 2007 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2014 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 43 REED STREET?

43 REED STREET is 72m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses in Cliffe, based on EPC data. The below chart shows the distribution of detached houses by size in Cliffe, and where 43 REED STREET lies on this distribution: 4% of detached houses are smaller than 43 REED STREET, and 96% of houses are larger. Note that EPC data is not available for all properties in Cliffe.

43 REED STREET: Plot and Title Map

43 REED STREET sits on a plot of roughly 0.115 of an acre, or 463m². The below map shows the location of 43 REED STREET, 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 43 REED STREET). 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 43 REED STREET?

43 REED STREET is located in CLIFFE, in the ME3 postcode district. The below map shows the position of No. 43 on REED STREET.