58A, UPPER LUTON ROAD, CHATHAM, ME5 7BG - £214,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

58A UPPER LUTON ROAD is a small detached house of 92m², built sometime between 1950 and 1966. It was last sold for £214,000 in June 2017, which was around 48% below the average June 2017 detached price in the Medway local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

58A UPPER LUTON ROAD Sold Prices

Land registry data shows three sales for 58A UPPER LUTON 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 58A UPPER LUTON 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
2017 16 JUN	£214,000	£413,617	48% below HPI
2001 2 NOV	£101,000	£166,837	39% below HPI
1999 3 DEC	£72,500	£121,760	40% below HPI

58A UPPER LUTON 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 58A UPPER LUTON ROAD sales between December 1999 and June 2017 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 November 2001 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2017 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 58A UPPER LUTON ROAD?

58A UPPER LUTON ROAD is 92m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 30% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 58A UPPER LUTON ROAD lies on this distribution: 27% of detached houses are smaller than 58A UPPER LUTON ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Chatham.

58A UPPER LUTON ROAD: Plot and Title Map

58A UPPER LUTON ROAD sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 58A UPPER LUTON 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 58A UPPER LUTON 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 58A UPPER LUTON ROAD?

58A UPPER LUTON ROAD is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 58A on UPPER LUTON ROAD.