138, PATTENS LANE, CHATHAM, ME4 6JP - £700,000

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

138 PATTENS LANE is a very large extended detached house of 226m², built sometime between 2003 and 2006. It was last sold for £700,000 in February 2021, which was around 56% above the average February 2021 detached price in the Medway local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

138 PATTENS LANE Sold Prices

Land registry data shows four sales for 138 PATTENS LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 138 PATTENS LANE sales were 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
2021 16 FEB	£700,000	£447,652	56% above HPI
2010 5 FEB	£385,000	£250,465	54% above HPI
2008 22 MAY	£425,000	£277,642	53% above HPI
2004 4 MAY	£420,000	£235,885	78% above HPI

138 PATTENS LANE 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 four 138 PATTENS LANE sales between May 2004 and February 2021 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 February 2010 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the February 2021 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 138 PATTENS LANE?

138 PATTENS LANE is 226m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 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 138 PATTENS LANE lies on this distribution: 95% of detached houses are smaller than 138 PATTENS LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Rochester.

138 PATTENS LANE: Plot and Title Map

138 PATTENS LANE sits on a plot of roughly 0.195 of an acre, or 790m². The below map shows the location of 138 PATTENS LANE, 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 138 PATTENS LANE). 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 138 PATTENS LANE?

138 PATTENS LANE is located in CHATHAM, in the ME4 postcode district. The below map shows the position of No. 138 on PATTENS LANE.