3, MEADSIDE WALK, CHATHAM, ME5 0TJ - £232,000

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 MEADSIDE WALK is a very small detached house of 43m², built sometime between 1950 and 1966. It was last sold for £232,000 in October 2017, which was around 47% below the average October 2017 detached price in the Medway local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

3 MEADSIDE WALK Sold Prices

Land registry data shows four sales for 3 MEADSIDE WALK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 3 MEADSIDE WALK 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
2017 16 OCT	£232,000	£434,648	47% below HPI
2015 19 NOV	£188,000	£358,997	48% below HPI
2005 2 DEC	£123,500	£254,270	51% below HPI
2003 7 NOV	£113,000	£240,913	53% below HPI

3 MEADSIDE WALK 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 four 3 MEADSIDE WALK sales between November 2003 and October 2017 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 November 2015 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the October 2017 sale, where it rises to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 3 MEADSIDE WALK be worth now?

3 MEADSIDE WALK might now be worth an estimated £284,284.

This is based on house price inflation of 22.5%, between October 2017 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 22.5% inflationary increase is applied to the most recent sale price for 3 MEADSIDE WALK of £232,000 on 16th October 2017. For the value to have increased from £232,000 to £284,284 over the six years and ten months to December 2024, the following assumptions must hold true:

• The value of 3 MEADSIDE WALK has moved in line with the HPI for detached houses in the Medway local authority area.
• The October 2017 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MEADSIDE WALK has not materially changed since October 2017.

How Large is 3 MEADSIDE WALK?

3 MEADSIDE WALK is 43m² according to the EPC inspection conducted in February 2022. 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 MEADSIDE WALK lies on this distribution: Less than 1% of detached houses houses are smaller than 3 MEADSIDE WALK, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Chatham.

3 MEADSIDE WALK: Plot and Title Map

3 MEADSIDE WALK sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 3 MEADSIDE WALK, 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 MEADSIDE WALK). 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 MEADSIDE WALK?

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