254, LORDS WOOD LANE, CHATHAM, ME5 8JU - £347,500

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

254 LORDS WOOD LANE is a large detached house of 130m², built sometime between 1967 and 1975, which could now be worth an estimated £699,980. It was last sold for £347,500 in December 2012, which was around 31% above the average December 2012 detached price in the Medway local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

254 LORDS WOOD LANE Sold Prices

Land registry data shows three sales for 254 LORDS WOOD LANE since 1^st 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. Two of the three 254 LORDS WOOD LANE sales were for above the average price, whilst one 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
2012 17 DEC	£347,500	£264,406	31% above HPI
2006 22 MAY	£249,995	£256,144	2% below HPI
1997 21 FEB	£108,000	£91,280	18% above HPI

254 LORDS WOOD LANE 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 three 254 LORDS WOOD LANE sales between February 1997 and December 2012 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 May 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2012 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 254 LORDS WOOD LANE be worth now?

254 LORDS WOOD LANE might now be worth an estimated £699,980.

This is based on house price inflation of 101.4%, between December 2012 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 101.4% inflationary increase is applied to the most recent sale price for 254 LORDS WOOD LANE of £347,500 on 17th December 2012. For the value to have increased from £347,500 to £699,980 over the twelve years to December 2024, the following assumptions must hold true:

• The value of 254 LORDS WOOD LANE has moved in line with the HPI for detached houses in the Medway local authority area.
• The December 2012 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of 254 LORDS WOOD LANE has not materially changed since December 2012.

How Large is 254 LORDS WOOD LANE?

254 LORDS WOOD LANE is 130m² according to the EPC inspection conducted in July 2012. This puts it in the largest 40% 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 254 LORDS WOOD LANE lies on this distribution: 68% of detached houses houses are smaller than 254 LORDS WOOD LANE, and 31% of houses are larger. Note that EPC data is not available for all properties in Chatham.

254 LORDS WOOD LANE: Plot and Title Map

254 LORDS WOOD LANE sits on a plot of roughly 0.221 of an acre, or 894m². The below map shows the location of 254 LORDS WOOD LANE, 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 254 LORDS WOOD LANE). 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 254 LORDS WOOD LANE?

254 LORDS WOOD LANE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 254 on LORDS WOOD LANE.