FAIRWAYS, OLD WATLING STREET, ROCHESTER, ME2 3UG - £720,000

FAIRWAYS is a very large detached house of 215m², built sometime between 1983 and 1990. It was last sold for £720,000 in October 2021, which was around 16% above the average October 2021 detached price in the Gravesham local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

FAIRWAYS Sold Prices

Land registry data shows three sales for FAIRWAYS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Gravesham local authority area for the corresponding sale date. All of the three FAIRWAYS 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
2021 29 OCT	£720,000	£619,823	16% above HPI
2015 13 JUL	£550,000	£434,714	27% above HPI
2007 22 JUN	£385,000	£343,700	12% above HPI

FAIRWAYS 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 three FAIRWAYS sales between June 2007 and October 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 July 2015 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the October 2021 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is FAIRWAYS?

FAIRWAYS is 215m² according to the EPC inspection conducted in September 2014. This puts it in the largest 10% of detached houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses by size in Rochester, and where FAIRWAYS lies on this distribution: 94% of detached houses are smaller than FAIRWAYS, and 6% of houses are larger. Note that EPC data is not available for all properties in Rochester.

FAIRWAYS: Plot and Title Map

FAIRWAYS sits on a plot of roughly 0.231 of an acre, or 936m². The below map shows the location of FAIRWAYS, 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 FAIRWAYS). 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 FAIRWAYS?

FAIRWAYS is located on OLD WATLING STREET in ROCHESTER, in the ME2 postcode district. The below map shows the position of FAIRWAYS on OLD WATLING STREET.