7, COOK CLOSE, CHATHAM, ME5 8LU - £465,000

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

7 COOK CLOSE is a midsized extended detached house of 103m², built sometime between 1983 and 1990. It was last sold for £465,000 in March 2021, which was around 5% above the average March 2021 detached price in the Medway local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

7 COOK CLOSE Sold Prices

Land registry data shows two sales for 7 COOK 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 7 COOK CLOSE 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
2021 26 MAR	£465,000	£444,521	5% above HPI
1998 18 DEC	£123,500	£107,549	15% above HPI

7 COOK 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 7 COOK CLOSE sales from December 1998 and March 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 December 1998 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 7 COOK CLOSE?

7 COOK CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% 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 COOK CLOSE lies on this distribution: 42% of detached houses are smaller than 7 COOK CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Chatham.

7 COOK CLOSE: Plot and Title Map

7 COOK CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 7 COOK 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 7 COOK 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 7 COOK CLOSE?

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