PRIORY COTTAGE, MILL ROAD, ROCHESTER, ME2 3BT - £272,000

PRIORY COTTAGE is a very small extended detached house of 68m², built sometime between 1900 and 1929. It was last sold for £272,000 in March 2017, which was around 33% below the average March 2017 detached price in the Medway local authority area. The most recent EPC inspection was October 2011, where the current energy rating was E, and the potential energy rating was E.

PRIORY COTTAGE Sold Prices

Land registry data shows two sales for PRIORY COTTAGE 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. One of the two PRIORY COTTAGE sales was for below the average price, whilst the other was 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
2017 24 MAR	£272,000	£406,917	33% below HPI
2003 17 APR	£224,995	£220,055	2% above HPI

PRIORY COTTAGE 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 PRIORY COTTAGE sales from April 2003 and March 2017 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 April 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2017 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is PRIORY COTTAGE?

PRIORY COTTAGE is 68m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 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 PRIORY COTTAGE lies on this distribution: 4% of detached houses are smaller than PRIORY COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Rochester.

PRIORY COTTAGE: Plot and Title Map

PRIORY COTTAGE sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of PRIORY COTTAGE, 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 PRIORY COTTAGE). 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 PRIORY COTTAGE?

PRIORY COTTAGE is located on MILL ROAD in ROCHESTER, in the ME2 postcode district. The below map shows the position of PRIORY COTTAGE on MILL ROAD.