40, CHARLOTTE CLOSE, CHATHAM, ME5 7LQ - £114,000

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.

40 CHARLOTTE CLOSE is a very small semi-detached house of 34m², built sometime between 1983 and 1990, which could now be worth an estimated £224,136. It was last sold for £114,000 in February 2007, which was around 37% below the average February 2007 semi-detached price in the Medway local authority area. The most recent EPC inspection was November 2023, where the current energy rating was E, and the potential energy rating was A.

40 CHARLOTTE CLOSE Sold Prices

Land registry data shows two sales for 40 CHARLOTTE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. Both of the two 40 CHARLOTTE 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
2007 7 FEB	£114,000	£179,540	37% below HPI
2003 31 OCT	£91,000	£148,877	39% below HPI

40 CHARLOTTE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The two 40 CHARLOTTE CLOSE sales from October 2003 and February 2007 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 October 2003 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2007 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 40 CHARLOTTE CLOSE be worth now?

40 CHARLOTTE CLOSE might now be worth an estimated £224,136.

This is based on house price inflation of 96.6%, between February 2007 and March 2025, for semi-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 96.6% inflationary increase is applied to the most recent sale price for 40 CHARLOTTE CLOSE of £114,000 on 7th February 2007. For the value to have increased from £114,000 to £224,136 over the seventeen years and eleven months to March 2025, the following assumptions must hold true:

• The value of 40 CHARLOTTE CLOSE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The February 2007 sale price of £114,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CHARLOTTE CLOSE has not materially changed since February 2007.

How Large is 40 CHARLOTTE CLOSE?

40 CHARLOTTE CLOSE is 34m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 10% of semi-detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chatham, and where 40 CHARLOTTE CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 40 CHARLOTTE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Chatham.

40 CHARLOTTE CLOSE: Plot and Title Map

40 CHARLOTTE CLOSE sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 40 CHARLOTTE 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 40 CHARLOTTE 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 40 CHARLOTTE CLOSE?

40 CHARLOTTE CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 40 on CHARLOTTE CLOSE.