18, RYEGRASS CLOSE, CHATHAM, ME5 8JY - £680,000

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 RYEGRASS CLOSE is a very large extended detached house of 197m², built sometime between 1983 and 1990. It was last sold for £680,000 in August 2020, which was around 59% above the average August 2020 detached price in the Medway local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

18 RYEGRASS CLOSE Sold Prices

Land registry data shows two sales for 18 RYEGRASS 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 RYEGRASS CLOSE sales were for above 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
2020 3 AUG	£680,000	£428,887	59% above HPI
2006 17 MAR	£360,000	£247,343	46% above HPI

18 RYEGRASS 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 RYEGRASS CLOSE sales from March 2006 and August 2020 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 2006 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the August 2020 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

How Large is 18 RYEGRASS CLOSE?

18 RYEGRASS CLOSE is 197m², which includes one extension, according to the EPC inspection conducted in August 2019. 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 RYEGRASS CLOSE lies on this distribution: 93% of detached houses are smaller than 18 RYEGRASS CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Chatham.

18 RYEGRASS CLOSE: Plot and Title Map

18 RYEGRASS CLOSE sits on a plot of roughly 0.307 of an acre, or 1,244m². The below map shows the location of 18 RYEGRASS 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 RYEGRASS 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 RYEGRASS CLOSE?

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