23, CHICAGO AVENUE, GILLINGHAM, ME7 2DR - £297,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

23 CHICAGO AVENUE is a small extended detached house of 91m², built sometime between 1900 and 1929. It was last sold for £297,000 in February 2020, which was around 28% below the average February 2020 detached price in the Medway local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was B.

23 CHICAGO AVENUE Sold Prices

Land registry data shows three sales for 23 CHICAGO AVENUE since 1^st 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 23 CHICAGO AVENUE 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
2020 6 FEB	£297,000	£415,348	28% below HPI
2012 26 OCT	£170,000	£254,369	33% below HPI
2002 31 JAN	£135,000	£170,404	21% below HPI

23 CHICAGO AVENUE 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 three 23 CHICAGO AVENUE sales between January 2002 and February 2020 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 October 2012 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2020 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 23 CHICAGO AVENUE?

23 CHICAGO AVENUE is 91m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 30% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 23 CHICAGO AVENUE lies on this distribution: 22% of detached houses are smaller than 23 CHICAGO AVENUE, and 78% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

23 CHICAGO AVENUE: Plot and Title Map

23 CHICAGO AVENUE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 23 CHICAGO 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 23 CHICAGO 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.

Where is 23 CHICAGO AVENUE?

23 CHICAGO AVENUE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 23 on CHICAGO AVENUE.