3, REDWING ROAD, CHATHAM, ME5 7TQ - £360,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 REDWING ROAD is a small detached house of 98m², built sometime between 1991 and 1995. It was last sold for £360,000 in July 2016, which was around 7% below the average July 2016 detached price in the Medway local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

3 REDWING ROAD Sold Prices

Land registry data shows two sales for 3 REDWING ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. One of the two 3 REDWING ROAD sales was for below the average price, whilst the other 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
2016 15 JUL	£360,000	£388,592	7% below HPI
1995 28 APR	£88,000	£80,927	9% above HPI

3 REDWING 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 two 3 REDWING ROAD sales from April 1995 and July 2016 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 April 1995 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 3 REDWING ROAD?

3 REDWING ROAD is 98m² according to the EPC inspection conducted in March 2016. 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 REDWING ROAD lies on this distribution: 35% of detached houses are smaller than 3 REDWING ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Chatham.

3 REDWING ROAD: Plot and Title Map

3 REDWING ROAD sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 3 REDWING 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 REDWING 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 REDWING ROAD?

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