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 WATSON AVENUE is a very large detached house of 477m². It was last sold for £249,995 in November 2012, which was around 3% below the average November 2012 detached price in the Medway local authority area. The most recent EPC inspection was April 2019, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows three sales for 2 WATSON AVENUE 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. One of the three 2 WATSON AVENUE sales was for below the average price, whilst two 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 |
---|---|---|---|
2012 14 NOV | £249,995 | £256,926 | 3% below HPI |
2008 26 JUN | £387,500 | £273,114 | 42% above HPI |
1997 15 AUG | £135,000 | £94,655 | 43% 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 WATSON AVENUE sales between August 1997 and November 2012 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 2008 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the November 2012 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.
2 WATSON AVENUE is 477m² according to the EPC inspection conducted in April 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 2 WATSON AVENUE lies on this distribution: More than 99% of detached houses are smaller than 2 WATSON AVENUE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Chatham.
2 WATSON AVENUE sits on a plot of roughly 0.227 of an acre, or 917m². The below map shows the location of 2 WATSON AVENUE, 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 WATSON AVENUE). 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 WATSON AVENUE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 2 on WATSON AVENUE.