1, MEADOW CLOSE, CHATHAM, ME5 0UA - £455,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 MEADOW CLOSE is a very large detached house of 168m², built sometime from 2007 onwards. It was last sold for £455,500 in May 2019, which was around 4% above the average May 2019 detached price in the Medway local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

1 MEADOW CLOSE Sold Prices

Land registry data shows three sales for 1 MEADOW CLOSE 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. Two of the three 1 MEADOW CLOSE sales were for above the average price, whilst one was 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 9 MAY	£455,500	£436,178	4% above HPI
2013 30 SEP	£290,000	£278,819	4% above HPI
2004 6 MAY	£205,000	£242,255	15% below HPI

1 MEADOW CLOSE 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 1 MEADOW CLOSE sales between May 2004 and May 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 September 2013 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2019 sale, which was also at 4% above the HPI.

What might 1 MEADOW CLOSE be worth now?

1 MEADOW CLOSE might now be worth an estimated £556,194.

This is based on house price inflation of 22.1%, between May 2019 and December 2024, for detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.1% inflationary increase is applied to the most recent sale price for 1 MEADOW CLOSE of £455,500 on 9th May 2019. For the value to have increased from £455,500 to £556,194 over the four years and five months to December 2024, the following assumptions must hold true:

• The value of 1 MEADOW CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The May 2019 sale price of £455,500 represented a fair market value for the property.
• The size, condition, and specification of 1 MEADOW CLOSE has not materially changed since May 2019.

How Large is 1 MEADOW CLOSE?

1 MEADOW CLOSE is 168m² according to the EPC inspection conducted in February 2013. This puts it in the largest 20% of detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chatham, and where 1 MEADOW CLOSE lies on this distribution: 87% of detached houses houses are smaller than 1 MEADOW CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Chatham.

1 MEADOW CLOSE: Plot and Title Map

1 MEADOW CLOSE sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 1 MEADOW CLOSE, 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 MEADOW CLOSE). 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 MEADOW CLOSE?

1 MEADOW CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 1 on MEADOW CLOSE.