24, PEACOCK RISE, CHATHAM, ME5 8RN - £490,000

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 PEACOCK RISE is a large extended detached house of 149m², built sometime between 1996 and 2002. It was last sold for £490,000 in September 2022, which was around 8% below the average September 2022 detached price in the Medway local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

24 PEACOCK RISE Sold Prices

Land registry data shows four sales for 24 PEACOCK RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Most of the four 24 PEACOCK RISE sales were for above 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
2022 7 SEP	£490,000	£534,636	8% below HPI
2009 16 FEB	£250,000	£241,315	4% above HPI
2004 7 MAY	£264,500	£242,255	9% above HPI
2001 7 JUN	£205,995	£157,648	31% above HPI

24 PEACOCK RISE 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 four 24 PEACOCK RISE sales between June 2001 and September 2022 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 February 2009 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 24 PEACOCK RISE be worth now?

24 PEACOCK RISE might now be worth an estimated £488,135.

This is based on house price deflation of 0.4%, between September 2022 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 0.4% deflationary decrease is applied to the most recent sale price for 24 PEACOCK RISE of £490,000 on 7th September 2022. For the value to have decreased from £490,000 to £488,135 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 24 PEACOCK RISE has moved in line with the HPI for detached houses in the Medway local authority area.
• The September 2022 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PEACOCK RISE has not materially changed since September 2022.

How Large is 24 PEACOCK RISE?

24 PEACOCK RISE is 149m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 30% 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 PEACOCK RISE lies on this distribution: 78% of detached houses houses are smaller than 24 PEACOCK RISE, and 21% of houses are larger. Note that EPC data is not available for all properties in Chatham.

24 PEACOCK RISE: Plot and Title Map

24 PEACOCK RISE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 24 PEACOCK RISE, 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 PEACOCK RISE). 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 PEACOCK RISE?

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