5, CHEVENING CLOSE, CHATHAM, ME5 7PZ - £360,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 CHEVENING CLOSE is a very small detached house of 83m², built sometime between 1983 and 1990. It was last sold for £360,000 in February 2023, which was around 32% below the average February 2023 detached price in the Medway local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

5 CHEVENING CLOSE Sold Prices

Land registry data shows three sales for 5 CHEVENING CLOSE 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 5 CHEVENING CLOSE 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
2023 3 FEB	£360,000	£529,914	32% below HPI
2006 7 APR	£182,000	£247,687	27% below HPI
2002 26 APR	£140,000	£175,436	20% below HPI

5 CHEVENING CLOSE 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 5 CHEVENING CLOSE sales between April 2002 and February 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 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the February 2023 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 5 CHEVENING CLOSE?

5 CHEVENING CLOSE is 83m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% 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 CHEVENING CLOSE lies on this distribution: 18% of detached houses are smaller than 5 CHEVENING CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Chatham.

5 CHEVENING CLOSE: Plot and Title Map

5 CHEVENING CLOSE sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 5 CHEVENING CLOSE, 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 CHEVENING CLOSE). 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 CHEVENING CLOSE?

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