40, FORT PITT STREET, CHATHAM, ME4 6TA - £70,000

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

40 FORT PITT STREET is a very small detached house of 42m², built sometime between 1996 and 2002. It was last sold for £70,000 in December 2002, which was around 67% below the average December 2002 detached price in the Medway local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was A.

40 FORT PITT STREET Sold Prices

Land registry data shows three sales for 40 FORT PITT STREET 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 40 FORT PITT STREET 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
2002 9 DEC	£70,000	£211,748	67% below HPI
1999 3 SEP	£39,000	£116,106	66% below HPI
1995 10 JUN	£30,500	£81,905	63% below HPI

40 FORT PITT STREET 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 40 FORT PITT STREET sales between June 1995 and December 2002 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 1999 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the December 2002 sale, where it falls to 67% below the HPI. The line then continues to track at 67% below the HPI.

How Large is 40 FORT PITT STREET?

40 FORT PITT STREET is 42m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 10% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 40 FORT PITT STREET lies on this distribution: Less than 1% of detached houses are smaller than 40 FORT PITT STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Chatham.

40 FORT PITT STREET: Plot and Title Map

40 FORT PITT STREET sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 40 FORT PITT STREET, 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 FORT PITT STREET). 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 FORT PITT STREET?

40 FORT PITT STREET is located in CHATHAM, in the ME4 postcode district. The below map shows the position of No. 40 on FORT PITT STREET.