5, PLOUGHMANS WAY, CHATHAM, ME5 9DE - £368,000

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

5 PLOUGHMANS WAY is a very large extended detached house of 186m², built sometime between 1983 and 1990. It was last sold for £368,000 in September 2009, which was around 9% above the average September 2009 detached price in the Maidstone local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

5 PLOUGHMANS WAY Sold Prices

Land registry data shows three sales for 5 PLOUGHMANS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the three 5 PLOUGHMANS WAY 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
2009 24 SEP	£368,000	£337,722	9% above HPI
2001 18 MAY	£250,000	£217,325	15% above HPI
1997 23 MAY	£163,000	£131,053	24% above HPI

5 PLOUGHMANS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The three 5 PLOUGHMANS WAY sales between May 1997 and September 2009 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 May 2001 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2009 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 5 PLOUGHMANS WAY be worth now?

5 PLOUGHMANS WAY might now be worth an estimated £674,799.

This is based on house price inflation of 83.4%, between September 2009 and December 2024, for detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 83.4% inflationary increase is applied to the most recent sale price for 5 PLOUGHMANS WAY of £368,000 on 24th September 2009. For the value to have increased from £368,000 to £674,799 over the fourteen years and nine months to December 2024, the following assumptions must hold true:

• The value of 5 PLOUGHMANS WAY has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The September 2009 sale price of £368,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PLOUGHMANS WAY has not materially changed since September 2009.

How Large is 5 PLOUGHMANS WAY?

5 PLOUGHMANS WAY is 186m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 10% 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 5 PLOUGHMANS WAY lies on this distribution: 91% of detached houses houses are smaller than 5 PLOUGHMANS WAY, and 9% of houses are larger. Note that EPC data is not available for all properties in Chatham.

5 PLOUGHMANS WAY: Plot and Title Map

5 PLOUGHMANS WAY sits on a plot of roughly 0.183 of an acre, or 740m². The below map shows the location of 5 PLOUGHMANS 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 5 PLOUGHMANS 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 5 PLOUGHMANS WAY?

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