40, KING EDWARD ROAD, CHATHAM, ME4 6EA - £160,000

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 KING EDWARD ROAD is a very small semi-detached house of 76m², built sometime between 1996 and 2002. It was last sold for £160,000 in August 2006, which was around 38% below the average August 2006 detached price in the Medway local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

40 KING EDWARD ROAD Sold Prices

Land registry data shows two sales for 40 KING EDWARD ROAD 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 KING EDWARD 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
2006 30 AUG	£160,000	£256,355	38% below HPI
2000 18 FEB	£85,500	£122,428	30% below HPI

40 KING EDWARD 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 two 40 KING EDWARD ROAD sales from February 2000 and August 2006 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 February 2000 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2006 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 40 KING EDWARD ROAD?

40 KING EDWARD ROAD is 76m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% 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 KING EDWARD ROAD lies on this distribution: 12% of detached houses are smaller than 40 KING EDWARD ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Chatham.

40 KING EDWARD ROAD: Plot and Title Map

40 KING EDWARD ROAD sits on a plot of roughly 0.046 of an acre, or 184m². The below map shows the location of 40 KING EDWARD 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 40 KING EDWARD 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 40 KING EDWARD ROAD?

40 KING EDWARD ROAD is located in CHATHAM, in the ME4 postcode district. The below map shows the position of No. 40 on KING EDWARD ROAD.