262, CHATHAM HILL, CHATHAM, ME5 7BA - £157,995

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

262 CHATHAM HILL is a very small extended detached house of 66m², built sometime before 1900. It was last sold for £157,995 in May 2015, which was around 52% below the average May 2015 detached price in the Medway local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

262 CHATHAM HILL Sold Prices

Land registry data shows four sales for 262 CHATHAM HILL 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. All of the four 262 CHATHAM HILL sales were 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
2015 5 MAY	£157,995	£328,372	52% below HPI
2007 13 JUL	£150,000	£278,897	46% below HPI
1999 28 MAY	£53,500	£113,411	53% below HPI
1998 24 JUL	£54,995	£105,904	48% below HPI

262 CHATHAM HILL 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 262 CHATHAM HILL sales between July 1998 and May 2015 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 July 2007 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2015 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 262 CHATHAM HILL be worth now?

262 CHATHAM HILL might now be worth an estimated £256,259.

This is based on house price inflation of 62.2%, between May 2015 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 62.2% inflationary increase is applied to the most recent sale price for 262 CHATHAM HILL of £157,995 on 5th May 2015. For the value to have increased from £157,995 to £256,259 over the eight years and five months to December 2024, the following assumptions must hold true:

• The value of 262 CHATHAM HILL has moved in line with the HPI for detached houses in the Medway local authority area.
• The May 2015 sale price of £157,995 represented a fair market value for the property.
• The size, condition, and specification of 262 CHATHAM HILL has not materially changed since May 2015.

How Large is 262 CHATHAM HILL?

262 CHATHAM HILL is 66m², which includes two extensions, according to the EPC inspection conducted in October 2014. This puts it in the smallest 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 262 CHATHAM HILL lies on this distribution: 5% of detached houses houses are smaller than 262 CHATHAM HILL, and 94% of houses are larger. Note that EPC data is not available for all properties in Chatham.

262 CHATHAM HILL: Plot and Title Map

262 CHATHAM HILL sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 262 CHATHAM HILL, 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 262 CHATHAM HILL). 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 262 CHATHAM HILL?

262 CHATHAM HILL is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 262 on CHATHAM HILL.