23, THISTLEBANK, CHATHAM, ME5 8AD - £346,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 THISTLEBANK is a midsized extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £346,000 in September 2020, which was around 23% below the average September 2020 detached price in the Medway local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

23 THISTLEBANK Sold Prices

Land registry data shows two sales for 23 THISTLEBANK 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. Both of the two 23 THISTLEBANK 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 11 SEP	£346,000	£446,968	23% below HPI
2007 19 JUN	£215,000	£276,546	22% below HPI

23 THISTLEBANK 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 23 THISTLEBANK sales from June 2007 and September 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 June 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the September 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 23 THISTLEBANK be worth now?

23 THISTLEBANK might now be worth an estimated £412,289.

This is based on house price inflation of 19.2%, between September 2020 and December 2024, for 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 19.2% inflationary increase is applied to the most recent sale price for 23 THISTLEBANK of £346,000 on 11th September 2020. For the value to have increased from £346,000 to £412,289 over the three years and nine months to December 2024, the following assumptions must hold true:

• The value of 23 THISTLEBANK has moved in line with the HPI for detached houses in the Medway local authority area.
• The September 2020 sale price of £346,000 represented a fair market value for the property.
• The size, condition, and specification of 23 THISTLEBANK has not materially changed since September 2020.

How Large is 23 THISTLEBANK?

23 THISTLEBANK is 106m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the smallest 50% of detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chatham, and where 23 THISTLEBANK lies on this distribution: 46% of detached houses houses are smaller than 23 THISTLEBANK, and 53% of houses are larger. Note that EPC data is not available for all properties in Chatham.

23 THISTLEBANK: Plot and Title Map

23 THISTLEBANK sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 23 THISTLEBANK, 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 THISTLEBANK). 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 THISTLEBANK?

23 THISTLEBANK is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 23 on THISTLEBANK.