112, CHESTNUT AVENUE, CHATHAM, ME5 9BG - £430,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

112 CHESTNUT AVENUE is a small extended detached house of 91m², built sometime between 1900 and 1929. It was last sold for £430,000 in November 2023, which was around 17% below the average November 2023 detached price in the Medway local authority area. The most recent EPC inspection was July 2021, where the current energy rating was E, and the potential energy rating was C.

112 CHESTNUT AVENUE Sold Prices

Land registry data shows three sales for 112 CHESTNUT AVENUE 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 112 CHESTNUT AVENUE 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
2023 9 NOV	£430,000	£515,426	17% below HPI
2021 3 DEC	£425,000	£482,904	12% below HPI
2001 16 JUL	£149,995	£156,239	4% below HPI

112 CHESTNUT AVENUE 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 112 CHESTNUT AVENUE sales between July 2001 and November 2023 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 December 2021 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 112 CHESTNUT AVENUE?

112 CHESTNUT AVENUE is 91m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 112 CHESTNUT AVENUE lies on this distribution: 26% of detached houses are smaller than 112 CHESTNUT AVENUE, and 73% of houses are larger. Note that EPC data is not available for all properties in Chatham.

112 CHESTNUT AVENUE: Plot and Title Map

112 CHESTNUT AVENUE sits on a plot of roughly 0.126 of an acre, or 510m². The below map shows the location of 112 CHESTNUT AVENUE, 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 112 CHESTNUT AVENUE). 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 112 CHESTNUT AVENUE?

112 CHESTNUT AVENUE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 112 on CHESTNUT AVENUE.