3, LETCHWORTH AVENUE, CHATHAM, ME4 6NP - £515,000

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 LETCHWORTH AVENUE is a very large extended detached house of 161m², built sometime between 1930 and 1949. It was last sold for £515,000 in May 2023, which was around 1% below the average May 2023 detached price in the Medway local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was C.

3 LETCHWORTH AVENUE Sold Prices

Land registry data shows three sales for 3 LETCHWORTH AVENUE 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. One of the three 3 LETCHWORTH AVENUE sales was for below the average price, whilst two were 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 4 MAY	£515,000	£521,707	1% below HPI
2002 3 OCT	£249,995	£210,920	19% above HPI
2001 1 AUG	£244,580	£163,543	50% above HPI

3 LETCHWORTH AVENUE 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 LETCHWORTH AVENUE sales between August 2001 and May 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 October 2002 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2023 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 3 LETCHWORTH AVENUE be worth now?

3 LETCHWORTH AVENUE might now be worth an estimated £525,754.

This is based on house price inflation of 2.1%, between May 2023 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 2.1% inflationary increase is applied to the most recent sale price for 3 LETCHWORTH AVENUE of £515,000 on 4th May 2023. For the value to have increased from £515,000 to £525,754 over the five months to December 2024, the following assumptions must hold true:

• The value of 3 LETCHWORTH AVENUE has moved in line with the HPI for detached houses in the Medway local authority area.
• The May 2023 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LETCHWORTH AVENUE has not materially changed since May 2023.

How Large is 3 LETCHWORTH AVENUE?

3 LETCHWORTH AVENUE is 161m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 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 LETCHWORTH AVENUE lies on this distribution: 83% of detached houses houses are smaller than 3 LETCHWORTH AVENUE, and 16% of houses are larger. Note that EPC data is not available for all properties in Chatham.

3 LETCHWORTH AVENUE: Plot and Title Map

3 LETCHWORTH AVENUE sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 3 LETCHWORTH AVENUE, 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 LETCHWORTH AVENUE). 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 LETCHWORTH AVENUE?

3 LETCHWORTH AVENUE is located in CHATHAM, in the ME4 postcode district. The below map shows the position of No. 3 on LETCHWORTH AVENUE.