43, ELM AVENUE, CHATTENDEN, ROCHESTER, ME3 8LZ - £390,000

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

43 ELM AVENUE is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £390,000 in June 2020, which was around 8% below the average June 2020 detached price in the Medway local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

43 ELM AVENUE Sold Prices

Land registry data shows two sales for 43 ELM AVENUE 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 43 ELM AVENUE 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
2020 26 JUN	£390,000	£424,886	8% below HPI
2017 12 DEC	£375,000	£423,504	11% below HPI

43 ELM AVENUE 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 43 ELM AVENUE sales from December 2017 and June 2020 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 December 2017 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 43 ELM AVENUE?

43 ELM AVENUE is 71m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 10% of detached houses in Chattenden, based on EPC data. The below chart shows the distribution of detached houses by size in Chattenden, and where 43 ELM AVENUE lies on this distribution: 2% of detached houses are smaller than 43 ELM AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Chattenden.

43 ELM AVENUE: Plot and Title Map

43 ELM AVENUE sits on a plot of roughly 0.149 of an acre, or 601m². The below map shows the location of 43 ELM AVENUE, 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 43 ELM AVENUE). 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 43 ELM AVENUE?

43 ELM AVENUE is located in CHATTENDEN, in the ME3 postcode district. The below map shows the position of No. 43 on ELM AVENUE.