31, MARSTON CLOSE, CHATHAM, ME5 9BY - £240,000

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

31 MARSTON CLOSE is a small detached house of 90m², built sometime between 1983 and 1990. It was last sold for £240,000 in September 2013, which was around 14% below the average September 2013 detached price in the Medway local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

31 MARSTON CLOSE Sold Prices

Land registry data shows two sales for 31 MARSTON CLOSE 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. Both of the two 31 MARSTON 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
2013 11 SEP	£240,000	£278,819	14% below HPI
2012 21 JUN	£229,000	£261,343	12% below HPI

31 MARSTON 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 two 31 MARSTON CLOSE sales from June 2012 and September 2013 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 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2013 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 31 MARSTON CLOSE be worth now?

31 MARSTON CLOSE might now be worth an estimated £458,449.

This is based on house price inflation of 91%, between September 2013 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 91% inflationary increase is applied to the most recent sale price for 31 MARSTON CLOSE of £240,000 on 11th September 2013. For the value to have increased from £240,000 to £458,449 over the ten years and nine months to December 2024, the following assumptions must hold true:

• The value of 31 MARSTON CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The September 2013 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 31 MARSTON CLOSE has not materially changed since September 2013.

How Large is 31 MARSTON CLOSE?

31 MARSTON CLOSE is 90m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 30% 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 31 MARSTON CLOSE lies on this distribution: 25% of detached houses houses are smaller than 31 MARSTON CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Chatham.

31 MARSTON CLOSE: Plot and Title Map

31 MARSTON CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 31 MARSTON 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 31 MARSTON 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 31 MARSTON CLOSE?

31 MARSTON CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 31 on MARSTON CLOSE.