21, COLCHESTER CLOSE, CHATHAM, ME5 0HQ - £159,995

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

21 COLCHESTER CLOSE is a very small semi-detached house of 52m², built sometime between 1983 and 1990, which could now be worth an estimated £290,079. It was last sold for £159,995 in May 2014, which was around 17% below the average May 2014 semi-detached price in the Medway local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

21 COLCHESTER CLOSE Sold Prices

Land registry data shows three sales for 21 COLCHESTER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. All of the three 21 COLCHESTER CLOSE 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
2014 23 MAY	£159,995	£193,930	17% below HPI
2006 31 JAN	£132,995	£166,892	20% below HPI
2005 22 DEC	£130,000	£167,123	22% below HPI

21 COLCHESTER CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The three 21 COLCHESTER CLOSE sales between December 2005 and May 2014 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 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2014 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 21 COLCHESTER CLOSE be worth now?

21 COLCHESTER CLOSE might now be worth an estimated £290,079.

This is based on house price inflation of 81.3%, between May 2014 and February 2025, for semi-detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 81.3% inflationary increase is applied to the most recent sale price for 21 COLCHESTER CLOSE of £159,995 on 23rd May 2014. For the value to have increased from £159,995 to £290,079 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 21 COLCHESTER CLOSE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The May 2014 sale price of £159,995 represented a fair market value for the property.
• The size, condition, and specification of 21 COLCHESTER CLOSE has not materially changed since May 2014.

How Large is 21 COLCHESTER CLOSE?

21 COLCHESTER CLOSE is 52m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of semi-detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chatham, and where 21 COLCHESTER CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 21 COLCHESTER CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chatham.

21 COLCHESTER CLOSE: Plot and Title Map

21 COLCHESTER CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 21 COLCHESTER 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 21 COLCHESTER 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 21 COLCHESTER CLOSE?

21 COLCHESTER CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 21 on COLCHESTER CLOSE.