42, ELLIOTTS WAY, CHATHAM, ME4 6EF - £485,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

42 ELLIOTTS WAY is a large detached house of 150m². It was last sold for £485,000 in June 2023, which was around 7% below the average June 2023 detached price in the Medway local authority area. The most recent EPC inspection was March 2015, where the current energy rating was B, and the potential energy rating was B.

42 ELLIOTTS WAY Sold Prices

Land registry data shows two sales for 42 ELLIOTTS WAY 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. One of the two 42 ELLIOTTS WAY sales was for below the average price, whilst the other was 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
2023 12 JUN	£485,000	£522,397	7% below HPI
2015 30 APR	£360,000	£322,509	12% above HPI

42 ELLIOTTS WAY 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 42 ELLIOTTS WAY sales from April 2015 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 April 2015 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 42 ELLIOTTS WAY be worth now?

42 ELLIOTTS WAY might now be worth an estimated £494,474.

This is based on house price inflation of 2%, between June 2023 and December 2024, for 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 2% inflationary increase is applied to the most recent sale price for 42 ELLIOTTS WAY of £485,000 on 12th June 2023. For the value to have increased from £485,000 to £494,474 over the six months to December 2024, the following assumptions must hold true:

• The value of 42 ELLIOTTS WAY has moved in line with the HPI for detached houses in the Medway local authority area.
• The June 2023 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 42 ELLIOTTS WAY has not materially changed since June 2023.

How Large is 42 ELLIOTTS WAY?

42 ELLIOTTS WAY is 150m² according to the EPC inspection conducted in March 2015. This puts it in the largest 30% of detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chatham, and where 42 ELLIOTTS WAY lies on this distribution: 79% of detached houses houses are smaller than 42 ELLIOTTS WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Chatham.

42 ELLIOTTS WAY: Plot and Title Map

42 ELLIOTTS WAY sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 42 ELLIOTTS WAY, 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 ELLIOTTS WAY). 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 42 ELLIOTTS WAY?

42 ELLIOTTS WAY is located in CHATHAM, in the ME4 postcode district. The below map shows the position of No. 42 on ELLIOTTS WAY.