59, PATTENS LANE, CHATHAM, ME4 6JR - £325,000

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

59 PATTENS LANE is a very small extended detached house of 74m², built sometime between 1950 and 1966. It was last sold for £325,000 in April 2024, which was around 34% below the average April 2024 detached price in the Medway local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

59 PATTENS LANE Sold Prices

Land registry data shows two sales for 59 PATTENS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Both of the two 59 PATTENS 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
2024 30 APR	£325,000	£489,447	34% below HPI
2012 22 MAR	£242,000	£251,251	4% below HPI

59 PATTENS 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 two 59 PATTENS LANE sales from March 2012 and April 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 March 2012 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2024 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 59 PATTENS LANE?

59 PATTENS LANE is 74m², which includes one extension, according to the EPC inspection conducted in May 2022. 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 59 PATTENS LANE lies on this distribution: 10% of detached houses are smaller than 59 PATTENS LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Chatham.

59 PATTENS LANE: Plot and Title Map

59 PATTENS LANE sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 59 PATTENS 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 59 PATTENS 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 59 PATTENS LANE?

59 PATTENS LANE is located in CHATHAM, in the ME4 postcode district. The below map shows the position of No. 59 on PATTENS LANE.