15, BULRUSH CLOSE, CHATHAM, ME5 9BN - £335,000

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

15 BULRUSH CLOSE is a midsized detached house of 117m², built sometime between 1983 and 1990. It was last sold for £335,000 in March 2017, which was around 20% below the average March 2017 detached price in the Medway local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

15 BULRUSH CLOSE Sold Prices

Land registry data shows three sales for 15 BULRUSH 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. All of the three 15 BULRUSH CLOSE 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
2017 10 MAR	£335,000	£417,907	20% below HPI
2013 9 SEP	£246,500	£278,819	12% below HPI
2008 18 APR	£263,000	£285,627	8% below HPI

15 BULRUSH 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 15 BULRUSH CLOSE sales between April 2008 and March 2017 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 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 15 BULRUSH CLOSE be worth now?

15 BULRUSH CLOSE might now be worth an estimated £426,940.

This is based on house price inflation of 27.4%, between March 2017 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 27.4% inflationary increase is applied to the most recent sale price for 15 BULRUSH CLOSE of £335,000 on 10th March 2017. For the value to have increased from £335,000 to £426,940 over the six years and three months to December 2024, the following assumptions must hold true:

• The value of 15 BULRUSH CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The March 2017 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BULRUSH CLOSE has not materially changed since March 2017.

How Large is 15 BULRUSH CLOSE?

15 BULRUSH CLOSE is 117m² according to the EPC inspection conducted in December 2016. This puts it in the largest 50% 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 15 BULRUSH CLOSE lies on this distribution: 57% of detached houses houses are smaller than 15 BULRUSH CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Chatham.

15 BULRUSH CLOSE: Plot and Title Map

15 BULRUSH CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 15 BULRUSH 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 15 BULRUSH 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 15 BULRUSH CLOSE?

15 BULRUSH CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 15 on BULRUSH CLOSE.