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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 COOK CLOSE is a very small extended detached house of 83m², built sometime between 1976 and 1982. It was last sold for £305,000 in September 2015, which was around 10% 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	£340,310	10% below HPI
2005 30 SEP	£215,000	£248,945	14% below HPI
1997 7 MAR	£82,500	£89,198	8% 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2015 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

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 in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 4 COOK CLOSE lies on this distribution: 18% of detached 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.