32, ROWAN LEA, CHATHAM, ME5 0BQ - £205,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

32 ROWAN LEA is a small detached house of 85m², built sometime between 1983 and 1990. It was last sold for £205,000 in August 2013, which was around 24% below the average August 2013 detached price in the Medway local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

32 ROWAN LEA Sold Prices

Land registry data shows three sales for 32 ROWAN LEA 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 32 ROWAN LEA 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 30 AUG	£205,000	£268,367	24% below HPI
2009 8 MAY	£177,000	£221,312	20% below HPI
2004 20 FEB	£169,995	£236,566	28% below HPI

32 ROWAN LEA 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 32 ROWAN LEA sales between February 2004 and August 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 May 2009 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2013 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 32 ROWAN LEA?

32 ROWAN LEA is 85m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 30% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 32 ROWAN LEA lies on this distribution: 21% of detached houses are smaller than 32 ROWAN LEA, and 79% of houses are larger. Note that EPC data is not available for all properties in Chatham.

32 ROWAN LEA: Plot and Title Map

32 ROWAN LEA sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 32 ROWAN LEA, 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 32 ROWAN LEA). 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 32 ROWAN LEA?

32 ROWAN LEA is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 32 on ROWAN LEA.