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
2 THE CHIMNEYS is a small detached house of 115m². It was last sold for £470,000 in May 2021, which was around 6% above the average May 2021 detached price in the Medway local authority area. The most recent EPC inspection was March 2016, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows three sales for 2 THE CHIMNEYS 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. All of the three 2 THE CHIMNEYS 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 |
---|---|---|---|
2021 14 MAY | £470,000 | £445,017 | 6% above HPI |
2017 7 JUL | £430,000 | £415,813 | 3% above HPI |
2016 22 APR | £399,995 | £374,661 | 7% 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 2 THE CHIMNEYS sales between April 2016 and May 2021 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 July 2017 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.
2 THE CHIMNEYS is 115m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of detached houses in Halling, based on EPC data. The below chart shows the distribution of detached houses by size in Halling, and where 2 THE CHIMNEYS lies on this distribution: 38% of detached houses are smaller than 2 THE CHIMNEYS, and 53% of houses are larger. Note that EPC data is not available for all properties in Halling.
2 THE CHIMNEYS sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 2 THE CHIMNEYS, 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 2 THE CHIMNEYS). 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.
2 THE CHIMNEYS is located in HALLING, in the ME2 postcode district. The below map shows the position of No. 2 on THE CHIMNEYS.