POINT VIEW, BUTTWAY LANE, CLIFFE, ROCHESTER, ME3 7QP - £415,000

POINT VIEW is a midsized extended detached house of 148m², built sometime between 1976 and 1982. It was last sold for £415,000 in April 2014, which was around 45% above the average April 2014 detached price in the Medway local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

POINT VIEW Sold Prices

Land registry data shows three sales for POINT VIEW 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 POINT VIEW 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
2014 30 APR	£415,000	£286,994	45% above HPI
2003 29 AUG	£292,000	£227,192	29% above HPI
1999 6 AUG	£186,000	£112,275	66% above HPI

POINT 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 three POINT VIEW sales between August 1999 and April 2014 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 August 2003 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the April 2014 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is POINT VIEW?

POINT VIEW is 148m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 50% of detached houses in Cliffe, based on EPC data. The below chart shows the distribution of detached houses by size in Cliffe, and where POINT VIEW lies on this distribution: 59% of detached houses are smaller than POINT VIEW, and 41% of houses are larger. Note that EPC data is not available for all properties in Cliffe.

POINT VIEW: Plot and Title Map

POINT VIEW sits on a plot of roughly 0.237 of an acre, or 959m². The below map shows the location of POINT 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 POINT 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 POINT VIEW?

POINT VIEW is located on BUTTWAY LANE in CLIFFE, in the ME3 postcode district. The below map shows the position of POINT VIEW on BUTTWAY LANE.