3, GATCOMBE CLOSE, CHATHAM, ME5 7RD - £300,000

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 GATCOMBE CLOSE is a very small detached house of 66m², built sometime between 1983 and 1990, which could now be worth an estimated £352,160. It was last sold for £300,000 in November 2020, which was around 34% below the average November 2020 detached price in the Medway local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

3 GATCOMBE CLOSE Sold Prices

Land registry data shows three sales for 3 GATCOMBE 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 GATCOMBE 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
2020 30 NOV	£300,000	£453,715	34% below HPI
1997 28 JUL	£71,000	£94,846	25% below HPI
1995 31 AUG	£56,250	£86,197	35% below HPI

3 GATCOMBE 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 GATCOMBE CLOSE sales between August 1995 and November 2020 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 July 1997 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the November 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 3 GATCOMBE CLOSE be worth now?

3 GATCOMBE CLOSE might now be worth an estimated £352,160.

This is based on house price inflation of 17.4%, between November 2020 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 17.4% inflationary increase is applied to the most recent sale price for 3 GATCOMBE CLOSE of £300,000 on 30th November 2020. For the value to have increased from £300,000 to £352,160 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 3 GATCOMBE CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The November 2020 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GATCOMBE CLOSE has not materially changed since November 2020.

How Large is 3 GATCOMBE CLOSE?

3 GATCOMBE CLOSE is 66m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% 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 GATCOMBE CLOSE lies on this distribution: 5% of detached houses houses are smaller than 3 GATCOMBE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Chatham.

3 GATCOMBE CLOSE: Plot and Title Map

3 GATCOMBE CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 3 GATCOMBE 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 GATCOMBE 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 GATCOMBE CLOSE?

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