18, THE COVERT, CHATHAM, ME5 9JJ - £390,000

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 THE COVERT is a midsized extended detached house of 120m², built sometime between 1983 and 1990. It was last sold for £390,000 in August 2018, which was around 21% below the average August 2018 detached price in the Maidstone local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

18 THE COVERT Sold Prices

Land registry data shows two sales for 18 THE COVERT 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 18 THE COVERT 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
2018 29 AUG	£390,000	£495,035	21% below HPI
2003 31 JAN	£220,000	£254,421	14% below HPI

18 THE COVERT 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 18 THE COVERT sales from January 2003 and August 2018 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 January 2003 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 18 THE COVERT?

18 THE COVERT is 120m², which includes two extensions, according to the EPC inspection conducted in March 2018. This puts it in the largest 40% 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 THE COVERT lies on this distribution: 59% of detached houses are smaller than 18 THE COVERT, and 40% of houses are larger. Note that EPC data is not available for all properties in Chatham.

18 THE COVERT: Plot and Title Map

18 THE COVERT sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 18 THE COVERT, 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 THE COVERT). 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 THE COVERT?

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