17, CHARLOTTE CLOSE, CHATHAM, ME5 7LQ - £239,500

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

17 CHARLOTTE CLOSE is a very small detached house of 65m², built sometime between 1983 and 1990. It was last sold for £239,500 in December 2014, which was around 27% below the average December 2014 detached price in the Medway local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

17 CHARLOTTE CLOSE Sold Prices

Land registry data shows three sales for 17 CHARLOTTE 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 17 CHARLOTTE 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
2014 17 DEC	£239,500	£326,048	27% below HPI
2007 26 MAR	£189,500	£270,847	30% below HPI
1999 11 AUG	£89,000	£115,307	23% below HPI

17 CHARLOTTE 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 17 CHARLOTTE CLOSE sales between August 1999 and December 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 March 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2014 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 17 CHARLOTTE CLOSE be worth now?

17 CHARLOTTE CLOSE might now be worth an estimated £391,224.

This is based on house price inflation of 63.4%, between December 2014 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 63.4% inflationary increase is applied to the most recent sale price for 17 CHARLOTTE CLOSE of £239,500 on 17th December 2014. For the value to have increased from £239,500 to £391,224 over the ten years to December 2024, the following assumptions must hold true:

• The value of 17 CHARLOTTE CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The December 2014 sale price of £239,500 represented a fair market value for the property.
• The size, condition, and specification of 17 CHARLOTTE CLOSE has not materially changed since December 2014.

How Large is 17 CHARLOTTE CLOSE?

17 CHARLOTTE CLOSE is 65m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% 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 17 CHARLOTTE CLOSE lies on this distribution: 5% of detached houses houses are smaller than 17 CHARLOTTE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Chatham.

17 CHARLOTTE CLOSE: Plot and Title Map

17 CHARLOTTE CLOSE sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 17 CHARLOTTE 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 17 CHARLOTTE 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 17 CHARLOTTE CLOSE?

17 CHARLOTTE CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 17 on CHARLOTTE CLOSE.