54, LOW MEADOW, HALLING, ROCHESTER, ME2 1LX - £315,000

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.

54 LOW MEADOW is a very small terraced house of 91m², built sometime between 1983 and 1990, which could now be worth an estimated £510,381. It was last sold for £315,000 in May 2015, which was around 89% above the average May 2015 terraced price in the Medway local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

54 LOW MEADOW Sold Prices

Land registry data shows two sales for 54 LOW MEADOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. Both of the two 54 LOW MEADOW 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
2015 27 MAY	£315,000	£166,602	89% above HPI
2007 11 DEC	£285,000	£154,529	84% above HPI

54 LOW MEADOW 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 two 54 LOW MEADOW sales from December 2007 and May 2015 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 December 2007 sale was for 84% above the HPI. So the extrapolation line tracks at 84% above the HPI over time, until the May 2015 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

What might 54 LOW MEADOW be worth now?

54 LOW MEADOW might now be worth an estimated £510,381.

This is based on house price inflation of 62%, between May 2015 and May 2026, 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 62% inflationary increase is applied to the most recent sale price for 54 LOW MEADOW of £315,000 on 27th May 2015. For the value to have increased from £315,000 to £510,381 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 54 LOW MEADOW has moved in line with the HPI for terraced houses in the Medway local authority area.
• The May 2015 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 54 LOW MEADOW has not materially changed since May 2015.

How Large is 54 LOW MEADOW?

54 LOW MEADOW is 91m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of terraced houses houses in Halling, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Halling, and where 54 LOW MEADOW lies on this distribution: 10% of terraced houses houses are smaller than 54 LOW MEADOW, and 87% of houses are larger. Note that EPC data is not available for all properties in Halling.

54 LOW MEADOW: Plot and Title Map

54 LOW MEADOW sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 54 LOW MEADOW, 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 54 LOW MEADOW). 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 54 LOW MEADOW?

54 LOW MEADOW is located in HALLING, in the ME2 postcode district. The below map shows the position of No. 54 on LOW MEADOW.