4, LAMBOURN WAY, CHATHAM, ME5 8PU - £492,000

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 LAMBOURN WAY is a large detached house of 152m², built sometime between 1983 and 1990, which could now be worth an estimated £601,689. It was last sold for £492,000 in August 2020, which was around 12% above the average August 2020 detached price in the Medway local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

4 LAMBOURN WAY Sold Prices

Land registry data shows two sales for 4 LAMBOURN WAY 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. Both of the two 4 LAMBOURN WAY sales were 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
2020 14 AUG	£492,000	£440,470	12% above HPI
2002 30 APR	£267,000	£180,174	48% above HPI

4 LAMBOURN WAY 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 4 LAMBOURN WAY sales from April 2002 and August 2020 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 April 2002 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the August 2020 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 4 LAMBOURN WAY be worth now?

4 LAMBOURN WAY might now be worth an estimated £601,689.

This is based on house price inflation of 22.3%, between August 2020 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 22.3% inflationary increase is applied to the most recent sale price for 4 LAMBOURN WAY of £492,000 on 14th August 2020. For the value to have increased from £492,000 to £601,689 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 4 LAMBOURN WAY has moved in line with the HPI for detached houses in the Medway local authority area.
• The August 2020 sale price of £492,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LAMBOURN WAY has not materially changed since August 2020.

How Large is 4 LAMBOURN WAY?

4 LAMBOURN WAY is 152m² according to the EPC inspection conducted in March 2019. This puts it in the largest 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 LAMBOURN WAY lies on this distribution: 80% of detached houses houses are smaller than 4 LAMBOURN WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Chatham.

4 LAMBOURN WAY: Plot and Title Map

4 LAMBOURN WAY sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of 4 LAMBOURN WAY, 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 LAMBOURN WAY). 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 LAMBOURN WAY?

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