RISSINGTON, GREEN LANE, ISLE OF GRAIN, ROCHESTER, ME3 0BT - £220,000

RISSINGTON is a small extended detached house of 79m², built sometime before 1900. It was last sold for £220,000 in November 2019, which was around 48% below the average November 2019 detached price in the Medway local authority area. The most recent EPC inspection was May 2019, where the current energy rating was F, and the potential energy rating was B.

RISSINGTON Sold Prices

Land registry data shows two sales for RISSINGTON 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 RISSINGTON 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
2019 1 NOV	£220,000	£424,663	48% below HPI
2001 11 JUL	£45,000	£156,239	71% below HPI

RISSINGTON 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 RISSINGTON sales from July 2001 and November 2019 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 2001 sale was for 71% below the HPI. So the extrapolation line tracks at 71% below the HPI over time, until the November 2019 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is RISSINGTON?

RISSINGTON is 79m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the smallest 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 RISSINGTON lies on this distribution: 27% of detached houses are smaller than RISSINGTON, and 73% of houses are larger. Note that EPC data is not available for all properties in Grain.

RISSINGTON: Plot and Title Map

RISSINGTON sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of RISSINGTON, 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 RISSINGTON). 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 RISSINGTON?

RISSINGTON is located on GREEN LANE in ISLE OF GRAIN, in the ME3 postcode district. The below map shows the position of RISSINGTON on GREEN LANE.