16, FOWEY CLOSE, CHATHAM, ME5 8JX - £515,000

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

16 FOWEY CLOSE is a large detached house of 121m², built sometime between 1983 and 1990. It was last sold for £515,000 in October 2023, which was about the average October 2023 detached price in the Medway local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

16 FOWEY CLOSE Sold Prices

Land registry data shows four sales for 16 FOWEY CLOSE 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. The four 16 FOWEY CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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 13 OCT	£515,000	£516,325	Close to HPI
2021 30 JUN	£480,000	£450,499	7% above HPI
2011 18 FEB	£250,000	£255,145	2% below HPI
2001 20 APR	£147,500	£149,719	1% below HPI

16 FOWEY 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 four 16 FOWEY CLOSE sales between April 2001 and October 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 June 2021 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2023 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 16 FOWEY CLOSE?

16 FOWEY CLOSE is 121m² according to the EPC inspection conducted in August 2010. This puts it in the largest 40% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 16 FOWEY CLOSE lies on this distribution: 60% of detached houses are smaller than 16 FOWEY CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Chatham.

16 FOWEY CLOSE: Plot and Title Map

16 FOWEY CLOSE sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 16 FOWEY 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 16 FOWEY 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 16 FOWEY CLOSE?

16 FOWEY CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 16 on FOWEY CLOSE.