16, PLOUGHMANS WAY, CHATHAM, ME5 9DE - £455,000

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

16 PLOUGHMANS WAY is a large detached house of 124m², built sometime between 1983 and 1990. It was last sold for £455,000 in February 2021, which was around 15% below the average February 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

16 PLOUGHMANS WAY Sold Prices

Land registry data shows two sales for 16 PLOUGHMANS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. Both of the two 16 PLOUGHMANS WAY 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
2021 5 FEB	£455,000	£535,296	15% below HPI
2013 25 OCT	£313,500	£383,391	18% below HPI

16 PLOUGHMANS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The two 16 PLOUGHMANS WAY sales from October 2013 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 October 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2021 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 16 PLOUGHMANS WAY be worth now?

16 PLOUGHMANS WAY might now be worth an estimated £526,384.

This is based on house price inflation of 15.7%, between February 2021 and December 2024, for detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.7% inflationary increase is applied to the most recent sale price for 16 PLOUGHMANS WAY of £455,000 on 5th February 2021. For the value to have increased from £455,000 to £526,384 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 16 PLOUGHMANS WAY has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The February 2021 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PLOUGHMANS WAY has not materially changed since February 2021.

How Large is 16 PLOUGHMANS WAY?

16 PLOUGHMANS WAY is 124m² according to the EPC inspection conducted in March 2012. This puts it in the largest 40% 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 16 PLOUGHMANS WAY lies on this distribution: 63% of detached houses houses are smaller than 16 PLOUGHMANS WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Chatham.

16 PLOUGHMANS WAY: Plot and Title Map

16 PLOUGHMANS WAY sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 16 PLOUGHMANS WAY, 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 PLOUGHMANS WAY). 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 PLOUGHMANS WAY?

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