553, LORDS WOOD LANE, CHATHAM, ME5 8NR - £173,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

553 LORDS WOOD LANE is a very small semi-detached house of 81m², built sometime between 1967 and 1975. It was last sold for £173,000 in February 2013, which was around 34% below the average February 2013 detached price in the Medway local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

553 LORDS WOOD LANE Sold Prices

Land registry data shows four sales for 553 LORDS WOOD LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 553 LORDS WOOD LANE 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
2013 27 FEB	£173,000	£261,360	34% below HPI
2009 3 AUG	£156,000	£234,681	34% below HPI
2001 2 MAR	£93,000	£149,405	38% below HPI
1996 25 OCT	£49,000	£87,604	44% below HPI

553 LORDS WOOD LANE 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 four 553 LORDS WOOD LANE sales between October 1996 and February 2013 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 August 2009 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the February 2013 sale, which was also at 34% below the HPI.

How Large is 553 LORDS WOOD LANE?

553 LORDS WOOD LANE is 81m² according to the EPC inspection conducted in May 2009. 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 553 LORDS WOOD LANE lies on this distribution: 17% of detached houses are smaller than 553 LORDS WOOD LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Chatham.

553 LORDS WOOD LANE: Plot and Title Map

553 LORDS WOOD LANE sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 553 LORDS WOOD LANE, 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 553 LORDS WOOD LANE). 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 553 LORDS WOOD LANE?

553 LORDS WOOD LANE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 553 on LORDS WOOD LANE.