3, BETTERIDGE CLOSE, CHATHAM, ME5 9GY - £371,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 BETTERIDGE CLOSE is a small semi-detached house of 96m², built sometime from 2007 onwards. It was last sold for £371,000 in October 2022, which was around 30% below the average October 2022 detached price in the Medway local authority area. The most recent EPC inspection was February 2015, where the current energy rating was C, and the potential energy rating was B.

3 BETTERIDGE CLOSE Sold Prices

Land registry data shows three sales for 3 BETTERIDGE 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 BETTERIDGE 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
2022 7 OCT	£371,000	£527,402	30% below HPI
2015 26 JUN	£255,000	£323,087	21% below HPI
2007 29 JUN	£220,000	£269,274	18% below HPI

3 BETTERIDGE 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 BETTERIDGE CLOSE sales between June 2007 and October 2022 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 2022 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 BETTERIDGE CLOSE?

3 BETTERIDGE CLOSE is 96m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 3 BETTERIDGE CLOSE lies on this distribution: 32% of detached houses are smaller than 3 BETTERIDGE CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Chatham.

3 BETTERIDGE CLOSE: Plot and Title Map

3 BETTERIDGE CLOSE sits on a plot of roughly 0.038 of an acre, or 152m². The below map shows the location of 3 BETTERIDGE 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 BETTERIDGE 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 BETTERIDGE CLOSE?

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