7, BRACKEN LEA, CHATHAM, ME5 0BZ - £310,000

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

7 BRACKEN LEA is a large extended detached house of 130m², built sometime between 1983 and 1990. It was last sold for £310,000 in June 2016, which was around 19% below the average June 2016 detached price in the Medway local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

7 BRACKEN LEA Sold Prices

Land registry data shows three sales for 7 BRACKEN LEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Two of the three 7 BRACKEN LEA sales were for below the average price, whilst one was 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 13 JUN	£310,000	£384,413	19% below HPI
2000 15 DEC	£136,000	£143,830	5% below HPI
1999 17 DEC	£125,000	£121,760	3% above HPI

7 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 three 7 BRACKEN LEA sales between December 1999 and June 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 December 2000 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2016 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 BRACKEN LEA?

7 BRACKEN LEA is 130m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 40% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 7 BRACKEN LEA lies on this distribution: 68% of detached houses are smaller than 7 BRACKEN LEA, and 32% of houses are larger. Note that EPC data is not available for all properties in Chatham.

7 BRACKEN LEA: Plot and Title Map

7 BRACKEN LEA sits on a plot of roughly 0.074 of an acre, or 297m². The below map shows the location of 7 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 7 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 7 BRACKEN LEA?

7 BRACKEN LEA is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 7 on BRACKEN LEA.