3, ALLEN CLOSE, CHATHAM, ME5 8LS - £320,000

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

3 ALLEN CLOSE is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £320,000 in November 2016, which was around 22% below the average November 2016 detached price in the Medway local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

3 ALLEN CLOSE Sold Prices

Land registry data shows three sales for 3 ALLEN CLOSE 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 3 ALLEN CLOSE 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
2016 4 NOV	£320,000	£409,979	22% below HPI
2012 12 DEC	£225,000	£264,406	15% below HPI
1999 26 NOV	£122,500	£125,068	2% below HPI

3 ALLEN 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 three 3 ALLEN CLOSE sales between November 1999 and November 2016 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 December 2012 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 ALLEN CLOSE be worth now?

3 ALLEN CLOSE might now be worth an estimated £415,710.

This is based on house price inflation of 29.9%, between November 2016 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 29.9% inflationary increase is applied to the most recent sale price for 3 ALLEN CLOSE of £320,000 on 4th November 2016. For the value to have increased from £320,000 to £415,710 over the seven years and eleven months to December 2024, the following assumptions must hold true:

• The value of 3 ALLEN CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The November 2016 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ALLEN CLOSE has not materially changed since November 2016.

How Large is 3 ALLEN CLOSE?

3 ALLEN CLOSE is 77m² according to the EPC inspection conducted in July 2012. 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 3 ALLEN CLOSE lies on this distribution: 13% of detached houses houses are smaller than 3 ALLEN CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Chatham.

3 ALLEN CLOSE: Plot and Title Map

3 ALLEN CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 3 ALLEN 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 3 ALLEN 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 3 ALLEN CLOSE?

3 ALLEN CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 3 on ALLEN CLOSE.