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
54 WATSON AVENUE is a midsized detached house of 113m², built sometime between 1983 and 1990. It was last sold for £450,000 in July 2020, which was around 6% above the average July 2020 detached price in the Medway local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 54 WATSON AVENUE since 1st 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 54 WATSON AVENUE 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 |
---|---|---|---|
2020 30 JUL | £450,000 | £426,239 | 6% above HPI |
2014 16 JUN | £349,995 | £292,889 | 19% above HPI |
1999 9 DEC | £150,000 | £121,760 | 23% above HPI |
The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The three 54 WATSON AVENUE sales between December 1999 and July 2020 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 2014 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the July 2020 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.
54 WATSON AVENUE is 113m² according to the EPC inspection conducted in April 2019. This puts it in the largest 50% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 54 WATSON AVENUE lies on this distribution: 53% of detached houses are smaller than 54 WATSON AVENUE, and 47% of houses are larger. Note that EPC data is not available for all properties in Chatham.
54 WATSON AVENUE sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 54 WATSON AVENUE, 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 54 WATSON AVENUE). 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.
54 WATSON AVENUE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 54 on WATSON AVENUE.