MEDWAY VIEW, HIGH STREET, ISLE OF GRAIN, ROCHESTER, ME3 0BS - £380,000

MEDWAY VIEW is a very large extended detached house of 121m², built sometime between 1983 and 1990. It was last sold for £380,000 in April 2023, which was around 28% below the average April 2023 detached price in the Medway local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was A.

MEDWAY VIEW Sold Prices

Land registry data shows two sales for MEDWAY VIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Both of the two MEDWAY VIEW 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
2023 12 APR	£380,000	£528,896	28% below HPI
2015 4 DEC	£310,000	£353,407	12% below HPI

MEDWAY VIEW 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 two MEDWAY VIEW sales from December 2015 and April 2023 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 December 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the April 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is MEDWAY VIEW?

MEDWAY VIEW is 121m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 20% of detached houses in Grain, based on EPC data. The below chart shows the distribution of detached houses by size in Grain, and where MEDWAY VIEW lies on this distribution: 80% of detached houses are smaller than MEDWAY VIEW, and 20% of houses are larger. Note that EPC data is not available for all properties in Grain.

MEDWAY VIEW: Plot and Title Map

MEDWAY VIEW sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of MEDWAY VIEW, 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 MEDWAY VIEW). 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 MEDWAY VIEW?

MEDWAY VIEW is located on HIGH STREET in ISLE OF GRAIN, in the ME3 postcode district. The below map shows the position of MEDWAY VIEW on HIGH STREET.