18, THE RIDGEWAY, CHATHAM, ME4 6PD - £465,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 THE RIDGEWAY is a very large extended detached house of 183m², built sometime between 1930 and 1949. It was last sold for £465,000 in January 2015, which was around 46% above the average January 2015 detached price in the Medway local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was B.

18 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 18 THE RIDGEWAY 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. One of the two 18 THE RIDGEWAY sales was for above the average price, whilst the other 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
2015 29 JAN	£465,000	£317,949	46% above HPI
2007 18 JUN	£250,000	£269,274	7% below HPI

18 THE RIDGEWAY 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 THE RIDGEWAY sales from June 2007 and January 2015 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 June 2007 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2015 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 18 THE RIDGEWAY?

18 THE RIDGEWAY is 183m², which includes two extensions, according to the EPC inspection conducted in September 2016. 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 THE RIDGEWAY lies on this distribution: 90% of detached houses are smaller than 18 THE RIDGEWAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Chatham.

18 THE RIDGEWAY: Plot and Title Map

18 THE RIDGEWAY sits on a plot of roughly 0.222 of an acre, or 898m². The below map shows the location of 18 THE RIDGEWAY, 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 RIDGEWAY). 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 RIDGEWAY?

18 THE RIDGEWAY is located in CHATHAM, in the ME4 postcode district. The below map shows the position of No. 18 on THE RIDGEWAY.