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
60 THE RIDGEWAY is a large detached house of 133m². It was last sold for £550,000 in January 2016, which was around 55% above the average January 2016 detached price in the Medway local authority area. The most recent EPC inspection was December 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 60 THE RIDGEWAY since 1st 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 60 THE RIDGEWAY sales were for above 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 |
---|---|---|---|
2016 15 JAN | £550,000 | £354,513 | 55% above HPI |
2013 28 AUG | £450,000 | £268,367 | 68% above HPI |
The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The two 60 THE RIDGEWAY sales from August 2013 and January 2016 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 August 2013 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the January 2016 sale, where it falls to 55% above the HPI. The line then continues to track at 55% above the HPI.
60 THE RIDGEWAY is 133m² according to the EPC inspection conducted in December 2010. This puts it in the largest 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 60 THE RIDGEWAY lies on this distribution: 70% of detached houses are smaller than 60 THE RIDGEWAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Chatham.
60 THE RIDGEWAY sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 60 THE RIDGEWAY, 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 60 THE RIDGEWAY). 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.
60 THE RIDGEWAY is located in CHATHAM, in the ME4 postcode district. The below map shows the position of No. 60 on THE RIDGEWAY.