5, REED STREET, CLIFFE, ROCHESTER, ME3 7UN - £315,000

5 REED STREET is a very large extended detached house of 231m², built sometime between 1991 and 1995. It was last sold for £315,000 in October 2014, which was around 1% above the average October 2014 detached price in the Medway local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was C.

5 REED STREET Sold Prices

Land registry data shows three sales for 5 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. Two of the three 5 REED STREET sales were for above the average price, whilst one 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
2014 3 OCT	£315,000	£313,355	1% above HPI
2004 30 APR	£320,000	£235,966	36% above HPI
2002 18 JAN	£105,000	£170,404	38% below HPI

5 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 5 REED STREET sales between January 2002 and October 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 April 2004 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the October 2014 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 5 REED STREET?

5 REED STREET is 231m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 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 5 REED STREET lies on this distribution: 93% of detached houses are smaller than 5 REED STREET, and 7% of houses are larger. Note that EPC data is not available for all properties in Cliffe.

5 REED STREET: Plot and Title Map

5 REED STREET sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 5 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 5 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 5 REED STREET?

5 REED STREET is located in CLIFFE, in the ME3 postcode district. The below map shows the position of No. 5 on REED STREET.