16, KING EDWARD ROAD, CHATHAM, ME4 6EA - £175,000

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

16 KING EDWARD ROAD is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £175,000 in January 2014, which was around 37% below the average January 2014 detached price in the Medway local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

16 KING EDWARD ROAD Sold Prices

Land registry data shows two sales for 16 KING EDWARD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Both of the two 16 KING EDWARD ROAD 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
2014 27 JAN	£175,000	£277,309	37% below HPI
2000 31 OCT	£105,000	£144,344	27% below HPI

16 KING EDWARD ROAD 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 two 16 KING EDWARD ROAD sales from October 2000 and January 2014 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 October 2000 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2014 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 16 KING EDWARD ROAD?

16 KING EDWARD ROAD is 78m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% 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 KING EDWARD ROAD lies on this distribution: 15% of detached houses are smaller than 16 KING EDWARD ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Chatham.

16 KING EDWARD ROAD: Plot and Title Map

16 KING EDWARD ROAD sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 16 KING EDWARD ROAD, 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 KING EDWARD ROAD). 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 KING EDWARD ROAD?

16 KING EDWARD ROAD is located in CHATHAM, in the ME4 postcode district. The below map shows the position of No. 16 on KING EDWARD ROAD.