27, STONECROSS LEA, CHATHAM, ME5 0BL - £325,000

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

27 STONECROSS LEA is a very small detached house of 81m², built sometime between 1976 and 1982. It was last sold for £325,000 in December 2018, which was around 25% below the average December 2018 detached price in the Medway local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

27 STONECROSS LEA Sold Prices

Land registry data shows three sales for 27 STONECROSS LEA 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. All of the three 27 STONECROSS LEA 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
2018 20 DEC	£325,000	£431,356	25% below HPI
2015 10 FEB	£196,000	£316,294	38% below HPI
1996 24 JUL	£64,500	£83,450	23% below HPI

27 STONECROSS LEA 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 27 STONECROSS LEA sales between July 1996 and December 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 February 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2018 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 27 STONECROSS LEA?

27 STONECROSS LEA is 81m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 27 STONECROSS LEA lies on this distribution: 17% of detached houses are smaller than 27 STONECROSS LEA, and 82% of houses are larger. Note that EPC data is not available for all properties in Chatham.

27 STONECROSS LEA: Plot and Title Map

27 STONECROSS LEA sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 27 STONECROSS LEA, 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 27 STONECROSS LEA). 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 27 STONECROSS LEA?

27 STONECROSS LEA is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 27 on STONECROSS LEA.