5, WOOLWICH CLOSE, CHATHAM, ME5 0HU - £240,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 WOOLWICH CLOSE is a very small semi-detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £283,897. It was last sold for £240,000 in January 2021, which was around 19% below the average January 2021 semi-detached price in the Medway local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was B.

5 WOOLWICH CLOSE Sold Prices

Land registry data shows five sales for 5 WOOLWICH CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. All of the five 5 WOOLWICH 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
2021 8 JAN	£240,000	£297,239	19% below HPI
2016 23 MAY	£200,155	£249,434	20% below HPI
2013 2 DEC	£139,000	£183,140	24% below HPI
2004 10 SEP	£114,995	£168,703	32% below HPI
1998 28 AUG	£47,500	£65,377	27% below HPI

5 WOOLWICH CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The five 5 WOOLWICH CLOSE sales between August 1998 and January 2021 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 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 5 WOOLWICH CLOSE be worth now?

5 WOOLWICH CLOSE might now be worth an estimated £283,897.

This is based on house price inflation of 18.3%, between January 2021 and February 2025, for semi-detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.3% inflationary increase is applied to the most recent sale price for 5 WOOLWICH CLOSE of £240,000 on 8th January 2021. For the value to have increased from £240,000 to £283,897 over the three years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 WOOLWICH CLOSE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The January 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WOOLWICH CLOSE has not materially changed since January 2021.

How Large is 5 WOOLWICH CLOSE?

5 WOOLWICH CLOSE is 70m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of semi-detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chatham, and where 5 WOOLWICH CLOSE lies on this distribution: 7% of semi-detached houses houses are smaller than 5 WOOLWICH CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Chatham.

5 WOOLWICH CLOSE: Plot and Title Map

5 WOOLWICH CLOSE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 5 WOOLWICH 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 WOOLWICH 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 WOOLWICH CLOSE?

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