40, CHATTENDEN LANE, CHATTENDEN, ROCHESTER, ME3 8NL - £497,500

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

40 CHATTENDEN LANE is a midsized detached house of 115m², built in 2021. It was last sold for £497,500 in June 2023, which was around 2% below the average June 2023 detached price in the Medway local authority area. The most recent EPC inspection was April 2022, where the current energy rating was B, and the potential energy rating was A.

40 CHATTENDEN LANE Sold Prices

Land registry data shows two sales for 40 CHATTENDEN LANE 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 40 CHATTENDEN LANE 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 30 JUN	£497,500	£508,660	2% below HPI
2021 2 AUG	£144,750	£457,873	68% below HPI

40 CHATTENDEN LANE 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 40 CHATTENDEN LANE sales from August 2021 and June 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 August 2021 sale was for 68% below the HPI. So the extrapolation line tracks at 68% below the HPI over time, until the June 2023 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 40 CHATTENDEN LANE?

40 CHATTENDEN LANE is 115m² according to the EPC inspection conducted in April 2022. This puts it in the largest 50% of detached houses in Chattenden, based on EPC data. The below chart shows the distribution of detached houses by size in Chattenden, and where 40 CHATTENDEN LANE lies on this distribution: 51% of detached houses are smaller than 40 CHATTENDEN LANE, and 48% of houses are larger. Note that EPC data is not available for all properties in Chattenden.

40 CHATTENDEN LANE: Plot and Title Map

40 CHATTENDEN LANE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 40 CHATTENDEN LANE, 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 CHATTENDEN LANE). 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 CHATTENDEN LANE?

40 CHATTENDEN LANE is located in CHATTENDEN, in the ME3 postcode district. The below map shows the position of No. 40 on CHATTENDEN LANE.