15, ELM AVENUE, CHATTENDEN, ROCHESTER, ME3 8LY - £215,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 ELM AVENUE is a very small extended detached house of 64m², built sometime between 1930 and 1949. It was last sold for £215,000 in July 2013, which was around 19% below the average July 2013 detached price in the Medway local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was B.

15 ELM AVENUE Sold Prices

Land registry data shows three sales for 15 ELM 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 15 ELM 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
2013 12 JUL	£215,000	£265,705	19% below HPI
2006 8 SEP	£225,000	£259,731	13% below HPI
2004 14 OCT	£192,500	£254,313	24% below HPI

15 ELM 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 15 ELM AVENUE sales between October 2004 and July 2013 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 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2013 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 15 ELM AVENUE?

15 ELM AVENUE is 64m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses in Chattenden, based on EPC data. The below chart shows the distribution of detached houses by size in Chattenden, and where 15 ELM AVENUE lies on this distribution: 1% of detached houses are smaller than 15 ELM AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chattenden.

15 ELM AVENUE: Plot and Title Map

15 ELM AVENUE sits on a plot of roughly 0.124 of an acre, or 502m². The below map shows the location of 15 ELM 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 15 ELM 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 15 ELM AVENUE?

15 ELM AVENUE is located in CHATTENDEN, in the ME3 postcode district. The below map shows the position of No. 15 on ELM AVENUE.