24, ABINGER DRIVE, CHATHAM, ME5 8UL - £260,000

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

24 ABINGER DRIVE is a very small detached house of 73m², built sometime between 1967 and 1975. It was last sold for £260,000 in March 2024, which was around 48% below the average March 2024 detached price in the Medway local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

24 ABINGER DRIVE Sold Prices

Land registry data shows three sales for 24 ABINGER DRIVE 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 24 ABINGER DRIVE 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
2024 19 MAR	£260,000	£500,023	48% below HPI
2013 29 OCT	£200,000	£282,562	29% below HPI
1996 1 JUL	£50,000	£85,704	42% below HPI

24 ABINGER DRIVE 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 24 ABINGER DRIVE sales between July 1996 and March 2024 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 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2024 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 24 ABINGER DRIVE be worth now?

24 ABINGER DRIVE might now be worth an estimated £276,940.

This is based on house price inflation of 6.5%, between March 2024 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 6.5% inflationary increase is applied to the most recent sale price for 24 ABINGER DRIVE of £260,000 on 19th March 2024. For the value to have increased from £260,000 to £276,940 over the three months to December 2024, the following assumptions must hold true:

• The value of 24 ABINGER DRIVE has moved in line with the HPI for detached houses in the Medway local authority area.
• The March 2024 sale price of £260,000 represented a fair market value for the property.
• The size, condition, and specification of 24 ABINGER DRIVE has not materially changed since March 2024.

How Large is 24 ABINGER DRIVE?

24 ABINGER DRIVE is 73m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 10% 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 24 ABINGER DRIVE lies on this distribution: 9% of detached houses houses are smaller than 24 ABINGER DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Chatham.

24 ABINGER DRIVE: Plot and Title Map

24 ABINGER DRIVE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 24 ABINGER DRIVE, 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 24 ABINGER DRIVE). 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 24 ABINGER DRIVE?

24 ABINGER DRIVE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 24 on ABINGER DRIVE.