39, MILLS TERRACE, CHATHAM, ME4 5NY - £193,000

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

39 MILLS TERRACE is a large extended detached house of 152m², built sometime between 1930 and 1949. It was last sold for £193,000 in October 2011, which was around 25% below the average October 2011 detached price in the Medway local authority area. The most recent EPC inspection was December 2013, where the current energy rating was F, and the potential energy rating was D.

39 MILLS TERRACE Sold Prices

Land registry data shows two sales for 39 MILLS TERRACE 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. One of the two 39 MILLS TERRACE sales was for below the average price, whilst the other 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
2011 28 OCT	£193,000	£256,417	25% below HPI
2007 15 JUN	£275,000	£269,274	2% above HPI

39 MILLS TERRACE 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 39 MILLS TERRACE sales from June 2007 and October 2011 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 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the October 2011 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 39 MILLS TERRACE?

39 MILLS TERRACE is 152m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the largest 20% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 39 MILLS TERRACE lies on this distribution: 80% of detached houses are smaller than 39 MILLS TERRACE, and 20% of houses are larger. Note that EPC data is not available for all properties in Chatham.

39 MILLS TERRACE: Plot and Title Map

39 MILLS TERRACE sits on a plot of roughly 0.363 of an acre, or 1,471m². The below map shows the location of 39 MILLS TERRACE, 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 39 MILLS TERRACE). 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 39 MILLS TERRACE?

39 MILLS TERRACE is located in CHATHAM, in the ME4 postcode district. The below map shows the position of No. 39 on MILLS TERRACE.