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 MAYFORD ROAD is a very large extended detached house of 218m², built sometime between 1976 and 1982. It was last sold for £585,000 in July 2022, which was around 15% above the average July 2022 detached price in the Medway local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 18 MAYFORD ROAD since 1st 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. Two of the three 18 MAYFORD ROAD sales were for above the average price, whilst one was 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 |
---|---|---|---|
2022 15 JUL | £585,000 | £508,039 | 15% above HPI |
2014 22 AUG | £250,000 | £306,836 | 19% below HPI |
2000 7 SEP | £197,000 | £144,025 | 37% above HPI |
The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The three 18 MAYFORD ROAD sales between September 2000 and July 2022 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 August 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2022 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.
18 MAYFORD ROAD is 218m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 10% 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 MAYFORD ROAD lies on this distribution: 95% of detached houses are smaller than 18 MAYFORD ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Chatham.
18 MAYFORD ROAD sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 18 MAYFORD 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 18 MAYFORD 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.
18 MAYFORD ROAD is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 18 on MAYFORD ROAD.