59, SHANKLIN CLOSE, CHATHAM, ME5 7QL - £240,000

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

59 SHANKLIN CLOSE is a very small detached house of 64m², built sometime between 1983 and 1990. It was last sold for £240,000 in October 2020, which was around 46% below the average October 2020 detached price in the Medway local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

59 SHANKLIN CLOSE Sold Prices

Land registry data shows four sales for 59 SHANKLIN CLOSE 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 59 SHANKLIN CLOSE 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
2020 22 OCT	£240,000	£441,317	46% below HPI
2016 15 APR	£320,000	£374,661	15% below HPI
2013 8 MAR	£125,000	£261,035	52% below HPI
1998 30 MAR	£52,000	£99,173	48% below HPI

59 SHANKLIN CLOSE 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 59 SHANKLIN CLOSE sales between March 1998 and October 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 April 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2020 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 59 SHANKLIN CLOSE?

59 SHANKLIN CLOSE is 64m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% 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 SHANKLIN CLOSE lies on this distribution: 4% of detached houses are smaller than 59 SHANKLIN CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Chatham.

59 SHANKLIN CLOSE: Plot and Title Map

59 SHANKLIN CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 59 SHANKLIN CLOSE, 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 SHANKLIN CLOSE). 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 SHANKLIN CLOSE?

59 SHANKLIN CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 59 on SHANKLIN CLOSE.