7, THE BRAES, HIGHAM, ROCHESTER, ME3 7NA - £162,995

7 THE BRAES is a very small extended detached house of 74m², built sometime between 1983 and 1990. It was last sold for £162,995 in November 2002, which was around 39% below the average November 2002 detached price in the Gravesham local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

7 THE BRAES Sold Prices

Land registry data shows two sales for 7 THE BRAES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. Both of the two 7 THE BRAES 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
2002 27 NOV	£162,995	£268,484	39% below HPI
1997 26 MAR	£81,500	£123,231	34% below HPI

7 THE BRAES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Gravesham local authority area over time, sourced from the HPI. The two 7 THE BRAES sales from March 1997 and November 2002 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 March 1997 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2002 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 7 THE BRAES?

7 THE BRAES is 74m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Higham, based on EPC data. The below chart shows the distribution of detached houses by size in Higham, and where 7 THE BRAES lies on this distribution: 5% of detached houses are smaller than 7 THE BRAES, and 95% of houses are larger. Note that EPC data is not available for all properties in Higham.

7 THE BRAES: Plot and Title Map

7 THE BRAES sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 7 THE BRAES, 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 7 THE BRAES). 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 7 THE BRAES?

7 THE BRAES is located in HIGHAM, in the ME3 postcode district. The below map shows the position of No. 7 on THE BRAES.