24, SETFORD ROAD, CHATHAM, ME5 8LP - £420,000

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 SETFORD ROAD is a midsized detached house of 114m², built sometime between 1991 and 1995. It was last sold for £420,000 in August 2018, which was around 6% below the average August 2018 detached price in the Medway local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

24 SETFORD ROAD Sold Prices

Land registry data shows two sales for 24 SETFORD ROAD 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. One of the two 24 SETFORD ROAD sales was for below the average price, whilst the other was 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
2018 31 AUG	£420,000	£447,956	6% below HPI
2007 29 JUN	£315,000	£276,546	14% above HPI

24 SETFORD ROAD 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 SETFORD ROAD sales from June 2007 and August 2018 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 2007 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 24 SETFORD ROAD be worth now?

24 SETFORD ROAD might now be worth an estimated £499,362.

This is based on house price inflation of 18.9%, between August 2018 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 18.9% inflationary increase is applied to the most recent sale price for 24 SETFORD ROAD of £420,000 on 31st August 2018. For the value to have increased from £420,000 to £499,362 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 24 SETFORD ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The August 2018 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SETFORD ROAD has not materially changed since August 2018.

How Large is 24 SETFORD ROAD?

24 SETFORD ROAD is 114m² according to the EPC inspection conducted in May 2018. This puts it in the largest 50% 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 SETFORD ROAD lies on this distribution: 54% of detached houses houses are smaller than 24 SETFORD ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Chatham.

24 SETFORD ROAD: Plot and Title Map

24 SETFORD ROAD sits on a plot of roughly 0.179 of an acre, or 725m². The below map shows the location of 24 SETFORD ROAD, 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 SETFORD ROAD). 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 SETFORD ROAD?

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