3, ARCHER ROAD, CHATHAM, ME5 8LH - £417,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 ARCHER ROAD is a midsized extended detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £425,807. It was last sold for £417,500 in November 2023, which was around 21% below the average November 2023 detached price in the Medway local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

3 ARCHER ROAD Sold Prices

Land registry data shows three sales for 3 ARCHER ROAD 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. Two of the three 3 ARCHER ROAD sales were for below the average price, whilst one was 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
2023 22 NOV	£417,500	£528,162	21% below HPI
2007 10 AUG	£275,000	£283,391	3% below HPI
2000 10 NOV	£152,000	£149,106	2% above HPI

3 ARCHER ROAD 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 ARCHER ROAD sales between November 2000 and November 2023 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 August 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 3 ARCHER ROAD be worth now?

3 ARCHER ROAD might now be worth an estimated £425,807.

This is based on house price inflation of 2%, between November 2023 and February 2025, 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 2% inflationary increase is applied to the most recent sale price for 3 ARCHER ROAD of £417,500 on 22nd November 2023. For the value to have increased from £417,500 to £425,807 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 ARCHER ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The November 2023 sale price of £417,500 represented a fair market value for the property.
• The size, condition, and specification of 3 ARCHER ROAD has not materially changed since November 2023.

How Large is 3 ARCHER ROAD?

3 ARCHER ROAD is 112m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 50% 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 ARCHER ROAD lies on this distribution: 52% of detached houses houses are smaller than 3 ARCHER ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Chatham.

3 ARCHER ROAD: Plot and Title Map

3 ARCHER ROAD sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 3 ARCHER ROAD, 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 ARCHER ROAD). 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 ARCHER ROAD?

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