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

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 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 6% 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	£520,577	6% below HPI
2009 16 FEB	£250,000	£234,970	6% above HPI
2004 7 MAY	£264,500	£235,885	12% above HPI
2001 7 JUN	£205,995	£153,503	34% 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 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

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 in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 24 PEACOCK RISE lies on this distribution: 78% of detached 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.