241, BEACON ROAD, CHATHAM, ME5 7BU - £245,000

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

241 BEACON ROAD is a large extended detached house of 130m², built sometime between 1983 and 1990. It was last sold for £245,000 in July 2004, which was around 1% above the average July 2004 detached price in the Medway local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

241 BEACON ROAD Sold Prices

Land registry data shows two sales for 241 BEACON 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 241 BEACON ROAD sales was for above the average price, whilst the other was 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
2004 7 JUL	£245,000	£242,047	1% above HPI
1997 19 DEC	£94,995	£98,207	3% below HPI

241 BEACON 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 241 BEACON ROAD sales from December 1997 and July 2004 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 December 1997 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the July 2004 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 241 BEACON ROAD?

241 BEACON ROAD is 130m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 40% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 241 BEACON ROAD lies on this distribution: 68% of detached houses are smaller than 241 BEACON ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Chatham.

241 BEACON ROAD: Plot and Title Map

241 BEACON ROAD sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 241 BEACON 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 241 BEACON 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 241 BEACON ROAD?

241 BEACON ROAD is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 241 on BEACON ROAD.