6, BRACKEN LEA, CHATHAM, ME5 0BZ - £320,000

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

6 BRACKEN LEA is a small detached house of 94m², built sometime between 1983 and 1990. It was last sold for £320,000 in October 2018, which was around 26% below the average October 2018 detached price in the Medway local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

6 BRACKEN LEA Sold Prices

Land registry data shows four sales for 6 BRACKEN LEA 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 6 BRACKEN LEA 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
2018 12 OCT	£320,000	£433,534	26% below HPI
2013 23 SEP	£240,000	£271,487	12% below HPI
2002 29 NOV	£187,500	£208,490	10% below HPI
2001 23 NOV	£159,000	£166,837	5% below HPI

6 BRACKEN LEA 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 6 BRACKEN LEA sales between November 2001 and October 2018 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 September 2013 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 6 BRACKEN LEA?

6 BRACKEN LEA is 94m² according to the EPC inspection conducted in May 2013. 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 6 BRACKEN LEA lies on this distribution: 29% of detached houses are smaller than 6 BRACKEN LEA, and 69% of houses are larger. Note that EPC data is not available for all properties in Chatham.

6 BRACKEN LEA: Plot and Title Map

6 BRACKEN LEA sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 6 BRACKEN LEA, 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 6 BRACKEN LEA). 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 6 BRACKEN LEA?

6 BRACKEN LEA is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 6 on BRACKEN LEA.