53, ROMNEY ROAD, CHATHAM, ME5 7LU - £338,000

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

53 ROMNEY ROAD is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £338,000 in May 2024, which was around 32% below the average May 2024 detached price in the Medway local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

53 ROMNEY ROAD Sold Prices

Land registry data shows three sales for 53 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 53 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
2024 30 MAY	£338,000	£496,079	32% below HPI
2002 2 OCT	£153,000	£205,374	26% below HPI
2000 10 FEB	£88,000	£122,428	28% below HPI

53 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 53 ROMNEY ROAD sales between February 2000 and May 2024 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 October 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2024 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 53 ROMNEY ROAD?

53 ROMNEY ROAD is 75m² according to the EPC inspection conducted in March 2024. 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 53 ROMNEY ROAD lies on this distribution: 11% of detached houses are smaller than 53 ROMNEY ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Chatham.

53 ROMNEY ROAD: Plot and Title Map

53 ROMNEY ROAD sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 53 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 53 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 53 ROMNEY ROAD?

53 ROMNEY ROAD is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 53 on ROMNEY ROAD.