4, COOK CLOSE, CHATHAM, ME5 8LU - £305,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 COOK CLOSE is a very small extended detached house of 83m², built sometime between 1976 and 1982, which could now be worth an estimated £470,084. It was last sold for £305,000 in September 2015, which was around 13% below the average September 2015 detached price in the Medway local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

4 COOK CLOSE Sold Prices

Land registry data shows three sales for 4 COOK 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 4 COOK 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
2015 25 SEP	£305,000	£349,501	13% below HPI
2005 30 SEP	£215,000	£255,668	16% below HPI
1997 7 MAR	£82,500	£91,606	10% below HPI

4 COOK 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 4 COOK CLOSE sales between March 1997 and September 2015 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 September 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2015 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 4 COOK CLOSE be worth now?

4 COOK CLOSE might now be worth an estimated £470,084.

This is based on house price inflation of 54.1%, between September 2015 and February 2025, 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 54.1% inflationary increase is applied to the most recent sale price for 4 COOK CLOSE of £305,000 on 25th September 2015. For the value to have increased from £305,000 to £470,084 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 COOK CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The September 2015 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 4 COOK CLOSE has not materially changed since September 2015.

How Large is 4 COOK CLOSE?

4 COOK CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% 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 4 COOK CLOSE lies on this distribution: 18% of detached houses houses are smaller than 4 COOK CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Chatham.

4 COOK CLOSE: Plot and Title Map

4 COOK CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 4 COOK 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 4 COOK 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 4 COOK CLOSE?

4 COOK CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 4 on COOK CLOSE.