29, THE RIDGEWAY, CHATHAM, ME4 6PD - £850,000

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

29 THE RIDGEWAY is a very large extended detached house of 241m², built sometime between 1976 and 1982. It was last sold for £850,000 in June 2024, which was around 69% above the average June 2024 detached price in the Medway local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

29 THE RIDGEWAY Sold Prices

Land registry data shows three sales for 29 THE RIDGEWAY 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 29 THE RIDGEWAY 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
2024 14 JUN	£850,000	£501,499	69% above HPI
2020 28 FEB	£500,000	£415,348	20% above HPI
1997 20 AUG	£172,500	£94,655	82% above HPI

29 THE RIDGEWAY 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 29 THE RIDGEWAY sales between August 1997 and June 2024 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 2020 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2024 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

How Large is 29 THE RIDGEWAY?

29 THE RIDGEWAY is 241m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 10% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 29 THE RIDGEWAY lies on this distribution: 97% of detached houses are smaller than 29 THE RIDGEWAY, and 3% of houses are larger. Note that EPC data is not available for all properties in Chatham.

29 THE RIDGEWAY: Plot and Title Map

29 THE RIDGEWAY sits on a plot of roughly 0.256 of an acre, or 1,036m². The below map shows the location of 29 THE RIDGEWAY, 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 29 THE RIDGEWAY). 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 29 THE RIDGEWAY?

29 THE RIDGEWAY is located in CHATHAM, in the ME4 postcode district. The below map shows the position of No. 29 on THE RIDGEWAY.