26, RYEGRASS CLOSE, CHATHAM, ME5 8JY - £645,000

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

26 RYEGRASS CLOSE is a very large detached house of 190m², built sometime between 1983 and 1990. It was last sold for £645,000 in January 2021, which was around 40% above the average January 2021 detached price in the Medway local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

26 RYEGRASS CLOSE Sold Prices

Land registry data shows two sales for 26 RYEGRASS CLOSE 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. Both of the two 26 RYEGRASS CLOSE 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
2021 8 JAN	£645,000	£460,294	40% above HPI
2002 14 AUG	£345,000	£198,713	74% above HPI

26 RYEGRASS CLOSE 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 26 RYEGRASS CLOSE sales from August 2002 and January 2021 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 August 2002 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the January 2021 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 26 RYEGRASS CLOSE be worth now?

26 RYEGRASS CLOSE might now be worth an estimated £746,322.

This is based on house price inflation of 15.7%, between January 2021 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 15.7% inflationary increase is applied to the most recent sale price for 26 RYEGRASS CLOSE of £645,000 on 8th January 2021. For the value to have increased from £645,000 to £746,322 over the two years and one month to December 2024, the following assumptions must hold true:

• The value of 26 RYEGRASS CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The January 2021 sale price of £645,000 represented a fair market value for the property.
• The size, condition, and specification of 26 RYEGRASS CLOSE has not materially changed since January 2021.

How Large is 26 RYEGRASS CLOSE?

26 RYEGRASS CLOSE is 190m² according to the EPC inspection conducted in November 2015. This puts it in the largest 10% 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 26 RYEGRASS CLOSE lies on this distribution: 92% of detached houses houses are smaller than 26 RYEGRASS CLOSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Chatham.

26 RYEGRASS CLOSE: Plot and Title Map

26 RYEGRASS CLOSE sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 26 RYEGRASS CLOSE, 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 26 RYEGRASS CLOSE). 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 26 RYEGRASS CLOSE?

26 RYEGRASS CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 26 on RYEGRASS CLOSE.