38, SWALLOW RISE, CHATHAM, ME5 7PR - £218,000

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

38 SWALLOW RISE is a large detached house of 127m², built sometime between 1983 and 1990. It was last sold for £218,000 in January 2016, which was around 40% below the average January 2016 detached price in the Medway local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

38 SWALLOW RISE Sold Prices

Land registry data shows three sales for 38 SWALLOW RISE 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. Two of the three 38 SWALLOW RISE sales were for below the average price, whilst one 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 29 JAN	£218,000	£364,087	40% below HPI
2013 20 MAY	£218,000	£268,196	19% below HPI
1998 14 MAY	£113,000	£104,190	8% above HPI

38 SWALLOW RISE 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 38 SWALLOW RISE sales between May 1998 and January 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 May 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 38 SWALLOW RISE be worth now?

38 SWALLOW RISE might now be worth an estimated £318,899.

This is based on house price inflation of 46.3%, between January 2016 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 46.3% inflationary increase is applied to the most recent sale price for 38 SWALLOW RISE of £218,000 on 29th January 2016. For the value to have increased from £218,000 to £318,899 over the seven years and one month to December 2024, the following assumptions must hold true:

• The value of 38 SWALLOW RISE has moved in line with the HPI for detached houses in the Medway local authority area.
• The January 2016 sale price of £218,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SWALLOW RISE has not materially changed since January 2016.

How Large is 38 SWALLOW RISE?

38 SWALLOW RISE is 127m² according to the EPC inspection conducted in October 2012. This puts it in the largest 40% 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 38 SWALLOW RISE lies on this distribution: 66% of detached houses houses are smaller than 38 SWALLOW RISE, and 34% of houses are larger. Note that EPC data is not available for all properties in Chatham.

38 SWALLOW RISE: Plot and Title Map

38 SWALLOW RISE sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 38 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 38 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.

Where is 38 SWALLOW RISE?

38 SWALLOW RISE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 38 on SWALLOW RISE.