4, HIGHGROVE ROAD, CHATHAM, ME5 7QE - £441,000

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

4 HIGHGROVE ROAD is a small extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £441,000 in March 2023, which was around 16% below the average March 2023 detached price in the Medway local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

4 HIGHGROVE ROAD Sold Prices

Land registry data shows three sales for 4 HIGHGROVE ROAD 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 HIGHGROVE ROAD 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
2023 24 MAR	£441,000	£527,026	16% below HPI
2022 19 JUL	£425,000	£508,039	16% below HPI
2016 21 DEC	£264,000	£401,268	34% below HPI

4 HIGHGROVE ROAD 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 HIGHGROVE ROAD sales between December 2016 and March 2023 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 July 2022 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2023 sale, which was also at 16% below the HPI.

How Large is 4 HIGHGROVE ROAD?

4 HIGHGROVE ROAD is 101m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% 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 HIGHGROVE ROAD lies on this distribution: 39% of detached houses are smaller than 4 HIGHGROVE ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Chatham.

4 HIGHGROVE ROAD: Plot and Title Map

4 HIGHGROVE ROAD sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 4 HIGHGROVE ROAD, 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 HIGHGROVE ROAD). 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 HIGHGROVE ROAD?

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