6, WOOLWICH CLOSE, CHATHAM, ME5 0HU - £296,000

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 WOOLWICH CLOSE is a very small detached house of 62m², built sometime between 1996 and 2002. It was last sold for £296,000 in August 2021, which was around 35% below the average August 2021 detached price in the Medway local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

6 WOOLWICH CLOSE Sold Prices

Land registry data shows two sales for 6 WOOLWICH CLOSE 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 6 WOOLWICH 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 6 AUG	£296,000	£457,873	35% below HPI
1999 31 MAR	£63,000	£107,687	41% below HPI

6 WOOLWICH 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 two 6 WOOLWICH CLOSE sales from March 1999 and August 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 March 1999 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the August 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 6 WOOLWICH CLOSE?

6 WOOLWICH CLOSE is 62m² according to the EPC inspection conducted in May 2021. 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 6 WOOLWICH CLOSE lies on this distribution: 4% of detached houses are smaller than 6 WOOLWICH CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Chatham.

6 WOOLWICH CLOSE: Plot and Title Map

6 WOOLWICH CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 6 WOOLWICH 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 WOOLWICH 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 WOOLWICH CLOSE?

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