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
42 CHATTENDEN LANE is a very large detached house of 139m², built sometime between 1983 and 1990. It was last sold for £500,000 in May 2021, which was around 12% above the average May 2021 detached price in the Medway local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 42 CHATTENDEN LANE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Most of the four 42 CHATTENDEN LANE 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 |
---|---|---|---|
2021 14 MAY | £500,000 | £445,017 | 12% above HPI |
2015 22 OCT | £270,000 | £343,683 | 21% below HPI |
2004 10 SEP | £394,000 | £253,008 | 56% above HPI |
1999 11 NOV | £164,995 | £121,779 | 35% above HPI |
The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The four 42 CHATTENDEN LANE sales between November 1999 and May 2021 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 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2021 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.
42 CHATTENDEN LANE is 139m² according to the EPC inspection conducted in April 2015. This puts it in the largest 20% of detached houses in Chattenden, based on EPC data. The below chart shows the distribution of detached houses by size in Chattenden, and where 42 CHATTENDEN LANE lies on this distribution: 82% of detached houses are smaller than 42 CHATTENDEN LANE, and 18% of houses are larger. Note that EPC data is not available for all properties in Chattenden.
42 CHATTENDEN LANE sits on a plot of roughly 0.218 of an acre, or 884m². The below map shows the location of 42 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 42 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.
42 CHATTENDEN LANE is located in CHATTENDEN, in the ME3 postcode district. The below map shows the position of No. 42 on CHATTENDEN LANE.