45, ROMNEY ROAD, CHATHAM, ME5 7LU - £342,000

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

45 ROMNEY ROAD is a midsized extended detached house of 110m², built sometime between 1983 and 1990. It was last sold for £342,000 in May 2016, which was around 9% below the average May 2016 detached price in the Medway local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

45 ROMNEY ROAD Sold Prices

Land registry data shows three sales for 45 ROMNEY ROAD 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 45 ROMNEY 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
2016 20 MAY	£342,000	£376,104	9% below HPI
2006 21 JUL	£217,000	£253,643	14% below HPI
2003 16 JAN	£194,995	£213,287	9% below HPI

45 ROMNEY 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 three 45 ROMNEY ROAD sales between January 2003 and May 2016 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 July 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 45 ROMNEY ROAD?

45 ROMNEY ROAD is 110m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the largest 50% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 45 ROMNEY ROAD lies on this distribution: 50% of detached houses are smaller than 45 ROMNEY ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Chatham.

45 ROMNEY ROAD: Plot and Title Map

45 ROMNEY ROAD sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 45 ROMNEY 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 45 ROMNEY 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 45 ROMNEY ROAD?

45 ROMNEY ROAD is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 45 on ROMNEY ROAD.