5, CHEGWELL DRIVE, CHATHAM, ME5 8HD - £435,000

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

5 CHEGWELL DRIVE is a large extended detached house of 149m², built sometime between 1983 and 1990. It was last sold for £435,000 in November 2015, which was around 24% above the average November 2015 detached price in the Medway local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

5 CHEGWELL DRIVE Sold Prices

Land registry data shows two sales for 5 CHEGWELL DRIVE 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 5 CHEGWELL DRIVE 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
2015 17 NOV	£435,000	£349,556	24% above HPI
1996 7 JUN	£113,000	£82,306	37% above HPI

5 CHEGWELL DRIVE 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 5 CHEGWELL DRIVE sales from June 1996 and November 2015 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 June 1996 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the November 2015 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 5 CHEGWELL DRIVE?

5 CHEGWELL DRIVE is 149m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 30% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 5 CHEGWELL DRIVE lies on this distribution: 78% of detached houses are smaller than 5 CHEGWELL DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Chatham.

5 CHEGWELL DRIVE: Plot and Title Map

5 CHEGWELL DRIVE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 5 CHEGWELL DRIVE, 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 5 CHEGWELL DRIVE). 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 5 CHEGWELL DRIVE?

5 CHEGWELL DRIVE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 5 on CHEGWELL DRIVE.