Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
24 ELM AVENUE is a midsized extended detached house of 119m², built sometime between 1950 and 1966. It was last sold for £450,000 in August 2021, which was around 2% below the average August 2021 detached price in the Medway local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 24 ELM AVENUE since 1st 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 ELM 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 |
---|---|---|---|
2021 11 AUG | £450,000 | £457,873 | 2% below HPI |
2018 8 JUN | £420,000 | £430,216 | 2% below HPI |
2001 22 MAR | £134,000 | £149,405 | 10% below HPI |
The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The three 24 ELM AVENUE sales between March 2001 and August 2021 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 2018 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2021 sale, which was also at 2% below the HPI.
24 ELM AVENUE is 119m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 50% of detached houses in Chattenden, based on EPC data. The below chart shows the distribution of detached houses by size in Chattenden, and where 24 ELM AVENUE lies on this distribution: 54% of detached houses are smaller than 24 ELM AVENUE, and 46% of houses are larger. Note that EPC data is not available for all properties in Chattenden.
24 ELM AVENUE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 24 ELM 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 24 ELM 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.
24 ELM AVENUE is located in CHATTENDEN, in the ME3 postcode district. The below map shows the position of No. 24 on ELM AVENUE.