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 SWALLOW RISE is a small detached house of 89m², built sometime between 1991 and 1995. It was last sold for £310,000 in March 2016, which was around 15% below the average March 2016 detached price in the Medway local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 32 SWALLOW RISE since 1st 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 32 SWALLOW RISE 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 |
---|---|---|---|
2016 10 MAR | £310,000 | £363,932 | 15% below HPI |
2007 29 JUN | £249,000 | £269,274 | 8% below HPI |
2004 25 MAY | £209,000 | £235,885 | 11% below HPI |
2001 8 FEB | £135,000 | £146,860 | 8% below HPI |
The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The four 32 SWALLOW RISE sales between February 2001 and March 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 June 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the March 2016 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
32 SWALLOW RISE is 89m² according to the EPC inspection conducted in January 2012. 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 SWALLOW RISE lies on this distribution: 25% of detached houses are smaller than 32 SWALLOW RISE, and 75% of houses are larger. Note that EPC data is not available for all properties in Chatham.
32 SWALLOW RISE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 32 SWALLOW RISE, 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 SWALLOW RISE). 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.
32 SWALLOW RISE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 32 on SWALLOW RISE.