68, STATION ROAD, STROOD, ROCHESTER, ME2 4BS - £195,000

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.

68 STATION ROAD is a very small semi-detached house of 68m², built sometime before 1900, which could now be worth an estimated £241,261. It was last sold for £195,000 in May 2019, which was around 31% below the average May 2019 semi-detached price in the Medway local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

68 STATION ROAD Sold Prices

Land registry data shows three sales for 68 STATION ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. All of the three 68 STATION 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
2019 30 MAY	£195,000	£282,092	31% below HPI
1998 31 JUL	£38,500	£64,823	41% below HPI
1996 31 JAN	£35,000	£53,260	34% below HPI

68 STATION ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The three 68 STATION ROAD sales between January 1996 and May 2019 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 1998 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2019 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 68 STATION ROAD be worth now?

68 STATION ROAD might now be worth an estimated £241,261.

This is based on house price inflation of 23.7%, between May 2019 and April 2026, for semi-detached 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 23.7% inflationary increase is applied to the most recent sale price for 68 STATION ROAD of £195,000 on 30th May 2019. For the value to have increased from £195,000 to £241,261 over the seven years and one month to April 2026, the following assumptions must hold true:

• The value of 68 STATION ROAD has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The May 2019 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 68 STATION ROAD has not materially changed since May 2019.

How Large is 68 STATION ROAD?

68 STATION ROAD is 68m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of semi-detached houses houses in Rochester, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Rochester, and where 68 STATION ROAD lies on this distribution: 4% of semi-detached houses houses are smaller than 68 STATION ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Rochester.

68 STATION ROAD: Plot and Title Map

68 STATION ROAD sits on a plot of roughly 0.023 of an acre, or 93m². The below map shows the location of 68 STATION 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 68 STATION 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 68 STATION ROAD?

68 STATION ROAD is located in STROOD, in the ME2 postcode district. The below map shows the position of No. 68 on STATION ROAD.