39, RALEIGH CLOSE, CHATHAM, ME5 7SB - £235,000

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

39 RALEIGH CLOSE is a small extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £235,000 in July 2010, which was around 11% below the average July 2010 detached price in the Medway local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

39 RALEIGH CLOSE Sold Prices

Land registry data shows three sales for 39 RALEIGH CLOSE 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 39 RALEIGH CLOSE 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
2010 23 JUL	£235,000	£263,338	11% below HPI
2006 25 AUG	£215,000	£263,278	18% below HPI
2004 23 APR	£195,000	£242,339	20% below HPI

39 RALEIGH CLOSE 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 39 RALEIGH CLOSE sales between April 2004 and July 2010 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 August 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2010 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 39 RALEIGH CLOSE be worth now?

39 RALEIGH CLOSE might now be worth an estimated £475,287.

This is based on house price inflation of 102.2%, between July 2010 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 102.2% inflationary increase is applied to the most recent sale price for 39 RALEIGH CLOSE of £235,000 on 23rd July 2010. For the value to have increased from £235,000 to £475,287 over the thirteen years and seven months to December 2024, the following assumptions must hold true:

• The value of 39 RALEIGH CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The July 2010 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 39 RALEIGH CLOSE has not materially changed since July 2010.

How Large is 39 RALEIGH CLOSE?

39 RALEIGH CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the smallest 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 39 RALEIGH CLOSE lies on this distribution: 39% of detached houses houses are smaller than 39 RALEIGH CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Chatham.

39 RALEIGH CLOSE: Plot and Title Map

39 RALEIGH CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 39 RALEIGH CLOSE, 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 RALEIGH CLOSE). 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 RALEIGH CLOSE?

39 RALEIGH CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 39 on RALEIGH CLOSE.