76, HERMITAGE ROAD, HIGHAM, ROCHESTER, ME3 7DD - £320,000

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.

76 HERMITAGE ROAD is a small terraced house of 97m², built sometime between 1900 and 1929, which could now be worth an estimated £380,524. It was last sold for £320,000 in June 2018, which was around 22% above the average June 2018 terraced price in the Gravesham local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was C.

76 HERMITAGE ROAD Sold Prices

Land registry data shows four sales for 76 HERMITAGE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Gravesham local authority area for the corresponding sale date. All of the four 76 HERMITAGE ROAD 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
2018 29 JUN	£320,000	£261,364	22% above HPI
2015 11 SEP	£280,000	£221,561	26% above HPI
2009 27 FEB	£220,000	£149,352	47% above HPI
2003 24 OCT	£207,000	£136,447	52% above HPI

76 HERMITAGE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Gravesham local authority area over time, sourced from the HPI. The four 76 HERMITAGE ROAD sales between October 2003 and June 2018 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 September 2015 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the June 2018 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 76 HERMITAGE ROAD be worth now?

76 HERMITAGE ROAD might now be worth an estimated £380,524.

This is based on house price inflation of 18.9%, between June 2018 and May 2026, for terraced houses, in the Gravesham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.9% inflationary increase is applied to the most recent sale price for 76 HERMITAGE ROAD of £320,000 on 29th June 2018. For the value to have increased from £320,000 to £380,524 over the eight years and one month to May 2026, the following assumptions must hold true:

• The value of 76 HERMITAGE ROAD has moved in line with the HPI for terraced houses in the Gravesham local authority area.
• The June 2018 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 76 HERMITAGE ROAD has not materially changed since June 2018.

How Large is 76 HERMITAGE ROAD?

76 HERMITAGE ROAD is 97m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% of terraced houses houses in Higham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Higham, and where 76 HERMITAGE ROAD lies on this distribution: 22% of terraced houses houses are smaller than 76 HERMITAGE ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Higham.

76 HERMITAGE ROAD: Plot and Title Map

76 HERMITAGE ROAD sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 76 HERMITAGE 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 76 HERMITAGE 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 76 HERMITAGE ROAD?

76 HERMITAGE ROAD is located in HIGHAM, in the ME3 postcode district. The below map shows the position of No. 76 on HERMITAGE ROAD.