2A, CLOVER BANK VIEW, CHATHAM, ME5 7JQ - £280,000

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

2A CLOVER BANK VIEW is a very small detached house of 80m², which could now be worth an estimated £342,039. It was last sold for £280,000 in October 2019, which was around 36% below the average October 2019 detached price in the Medway local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was B.

2A CLOVER BANK VIEW Sold Prices

Land registry data shows two sales for 2A CLOVER BANK VIEW 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 2A CLOVER BANK VIEW 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
2019 11 OCT	£280,000	£435,998	36% below HPI
2015 24 JUN	£262,000	£331,813	21% below HPI

2A CLOVER BANK VIEW 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 2A CLOVER BANK VIEW sales from June 2015 and October 2019 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 June 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 2A CLOVER BANK VIEW be worth now?

2A CLOVER BANK VIEW might now be worth an estimated £342,039.

This is based on house price inflation of 22.2%, between October 2019 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 22.2% inflationary increase is applied to the most recent sale price for 2A CLOVER BANK VIEW of £280,000 on 11th October 2019. For the value to have increased from £280,000 to £342,039 over the four years and ten months to December 2024, the following assumptions must hold true:

• The value of 2A CLOVER BANK VIEW has moved in line with the HPI for detached houses in the Medway local authority area.
• The October 2019 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2A CLOVER BANK VIEW has not materially changed since October 2019.

How Large is 2A CLOVER BANK VIEW?

2A CLOVER BANK VIEW is 80m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 20% 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 2A CLOVER BANK VIEW lies on this distribution: 15% of detached houses houses are smaller than 2A CLOVER BANK VIEW, and 84% of houses are larger. Note that EPC data is not available for all properties in Chatham.

2A CLOVER BANK VIEW: Plot and Title Map

2A CLOVER BANK VIEW sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 2A CLOVER BANK VIEW, 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 2A CLOVER BANK VIEW). 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 2A CLOVER BANK VIEW?

2A CLOVER BANK VIEW is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 2A on CLOVER BANK VIEW.