24, CHEVENING CLOSE, CHATHAM, ME5 7PZ - £395,000

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 CHEVENING CLOSE is a very small detached house of 83m², built sometime between 1983 and 1990, which could now be worth an estimated £397,739. It was last sold for £395,000 in September 2023, which was around 25% below the average September 2023 detached price in the Medway local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

24 CHEVENING CLOSE Sold Prices

Land registry data shows two sales for 24 CHEVENING CLOSE 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 24 CHEVENING 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
2023 28 SEP	£395,000	£528,933	25% below HPI
1999 29 JUN	£91,200	£113,092	19% below HPI

24 CHEVENING CLOSE 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 24 CHEVENING CLOSE sales from June 1999 and September 2023 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 1999 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 24 CHEVENING CLOSE be worth now?

24 CHEVENING CLOSE might now be worth an estimated £397,739.

This is based on house price inflation of 0.7%, between September 2023 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 0.7% inflationary increase is applied to the most recent sale price for 24 CHEVENING CLOSE of £395,000 on 28th September 2023. For the value to have increased from £395,000 to £397,739 over the nine months to December 2024, the following assumptions must hold true:

• The value of 24 CHEVENING CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The September 2023 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 24 CHEVENING CLOSE has not materially changed since September 2023.

How Large is 24 CHEVENING CLOSE?

24 CHEVENING CLOSE is 83m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% 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 CHEVENING CLOSE lies on this distribution: 18% of detached houses houses are smaller than 24 CHEVENING CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Chatham.

24 CHEVENING CLOSE: Plot and Title Map

24 CHEVENING CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 24 CHEVENING 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 24 CHEVENING 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 24 CHEVENING CLOSE?

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