6, SHERIDAN CLOSE, CHATHAM, ME5 7NS - £262,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 SHERIDAN CLOSE is a very small semi-detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £306,106. It was last sold for £262,500 in February 2021, which was around 12% below the average February 2021 semi-detached price in the Medway local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

6 SHERIDAN CLOSE Sold Prices

Land registry data shows two sales for 6 SHERIDAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. Both of the two 6 SHERIDAN 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
2021 5 FEB	£262,500	£298,820	12% below HPI
2004 6 JUL	£148,995	£161,928	8% below HPI

6 SHERIDAN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The two 6 SHERIDAN CLOSE sales from July 2004 and February 2021 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 July 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2021 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 6 SHERIDAN CLOSE be worth now?

6 SHERIDAN CLOSE might now be worth an estimated £306,106.

This is based on house price inflation of 16.6%, between February 2021 and December 2024, for semi-detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.6% inflationary increase is applied to the most recent sale price for 6 SHERIDAN CLOSE of £262,500 on 5th February 2021. For the value to have increased from £262,500 to £306,106 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 6 SHERIDAN CLOSE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The February 2021 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 6 SHERIDAN CLOSE has not materially changed since February 2021.

How Large is 6 SHERIDAN CLOSE?

6 SHERIDAN CLOSE is 79m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of semi-detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chatham, and where 6 SHERIDAN CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 6 SHERIDAN CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Chatham.

6 SHERIDAN CLOSE: Plot and Title Map

6 SHERIDAN CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 6 SHERIDAN 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 6 SHERIDAN 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 6 SHERIDAN CLOSE?

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