CEDAR VILLA, CHAPEL ROAD, ISLE OF GRAIN, ROCHESTER, ME3 0BY - £330,000

CEDAR VILLA is a large extended detached house of 113m², built sometime between 1930 and 1949. It was last sold for £330,000 in November 2021, which was around 34% below the average November 2021 detached price in the Medway local authority area. The most recent EPC inspection was November 2020, where the current energy rating was C, and the potential energy rating was B.

CEDAR VILLA Sold Prices

Land registry data shows three sales for CEDAR VILLA 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. All of the three CEDAR VILLA 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
2021 18 NOV	£330,000	£496,819	34% below HPI
2004 24 SEP	£179,995	£253,008	29% below HPI
1997 7 AUG	£59,600	£94,655	37% below HPI

CEDAR VILLA 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 CEDAR VILLA sales between August 1997 and November 2021 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 2004 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is CEDAR VILLA?

CEDAR VILLA is 113m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the largest 30% of detached houses in Grain, based on EPC data. The below chart shows the distribution of detached houses by size in Grain, and where CEDAR VILLA lies on this distribution: 71% of detached houses are smaller than CEDAR VILLA, and 29% of houses are larger. Note that EPC data is not available for all properties in Grain.

CEDAR VILLA: Plot and Title Map

CEDAR VILLA sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of CEDAR VILLA, 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 CEDAR VILLA). 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 CEDAR VILLA?

CEDAR VILLA is located on CHAPEL ROAD in ISLE OF GRAIN, in the ME3 postcode district. The below map shows the position of CEDAR VILLA on CHAPEL ROAD.