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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). 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 20% 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	£435,215	20% below HPI
2007 19 JUN	£215,000	£269,274	20% 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2020 sale, which was also at 20% below the HPI.

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 in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 23 THISTLEBANK lies on this distribution: 46% of detached 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.