18, FOWEY CLOSE, CHATHAM, ME5 8JX - £225,000

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

18 FOWEY CLOSE is a midsized detached house of 103m², built sometime between 1983 and 1990. It was last sold for £225,000 in October 2010, which was around 14% below the average October 2010 detached price in the Medway local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

18 FOWEY CLOSE Sold Prices

Land registry data shows two sales for 18 FOWEY CLOSE 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 18 FOWEY 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
2010 5 OCT	£225,000	£260,209	14% below HPI
2002 9 MAY	£169,000	£178,532	5% below HPI

18 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 two 18 FOWEY CLOSE sales from May 2002 and October 2010 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 May 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2010 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 18 FOWEY CLOSE?

18 FOWEY CLOSE is 103m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 50% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 18 FOWEY CLOSE lies on this distribution: 42% of detached houses are smaller than 18 FOWEY CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Chatham.

18 FOWEY CLOSE: Plot and Title Map

18 FOWEY CLOSE sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of 18 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 18 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 18 FOWEY CLOSE?

18 FOWEY CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 18 on FOWEY CLOSE.