1, KING GEORGE ROAD, CHATHAM, ME5 0TZ - £76,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 KING GEORGE ROAD is a very small detached house of 49m², built sometime between 1930 and 1949. It was last sold for £76,000 in May 1997, which was around 16% below the average May 1997 detached price in the Medway local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was B.

1 KING GEORGE ROAD Sold Prices

Land registry data shows two sales for 1 KING GEORGE ROAD 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 1 KING GEORGE ROAD 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
1997 2 MAY	£76,000	£90,080	16% below HPI
1996 17 MAY	£59,995	£82,393	27% below HPI

1 KING GEORGE ROAD 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 1 KING GEORGE ROAD sales from May 1996 and May 1997 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 May 1996 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 1997 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 1 KING GEORGE ROAD?

1 KING GEORGE ROAD is 49m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 1 KING GEORGE ROAD lies on this distribution: 1% of detached houses are smaller than 1 KING GEORGE ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Chatham.

1 KING GEORGE ROAD: Plot and Title Map

1 KING GEORGE ROAD sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 1 KING GEORGE ROAD, 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 1 KING GEORGE ROAD). 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 1 KING GEORGE ROAD?

1 KING GEORGE ROAD is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 1 on KING GEORGE ROAD.