323, LORDS WOOD LANE, CHATHAM, ME5 8JT - £520,000

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

323 LORDS WOOD LANE is a large detached house of 129m², built sometime between 1983 and 1990. It was last sold for £520,000 in June 2022, which was around 3% above the average June 2022 detached price in the Medway local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

323 LORDS WOOD LANE Sold Prices

Land registry data shows two sales for 323 LORDS WOOD LANE 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 323 LORDS WOOD LANE sales were 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
2022 24 JUN	£520,000	£503,884	3% above HPI
1995 19 MAY	£91,000	£81,793	11% above HPI

323 LORDS WOOD LANE 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 323 LORDS WOOD LANE sales from May 1995 and June 2022 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 1995 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 323 LORDS WOOD LANE?

323 LORDS WOOD LANE is 129m² according to the EPC inspection conducted in February 2022. This puts it in the largest 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 323 LORDS WOOD LANE lies on this distribution: 67% of detached houses are smaller than 323 LORDS WOOD LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Chatham.

323 LORDS WOOD LANE: Plot and Title Map

323 LORDS WOOD LANE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 323 LORDS WOOD LANE, 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 323 LORDS WOOD LANE). 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 323 LORDS WOOD LANE?

323 LORDS WOOD LANE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 323 on LORDS WOOD LANE.