7, PODKIN WOOD, CHATHAM, ME5 9LY - £535,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 PODKIN WOOD is a very large detached house of 170m², built sometime between 1991 and 1995, which could now be worth an estimated £633,755. It was last sold for £535,000 in December 2020, which was about the average December 2020 detached price in the Maidstone local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

7 PODKIN WOOD Sold Prices

Land registry data shows three sales for 7 PODKIN WOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. The three 7 PODKIN WOOD sales were a mix of roughly equal to the average price, and 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
2020 11 DEC	£535,000	£535,982	Close to HPI
2002 28 AUG	£345,000	£264,746	30% above HPI
1998 28 AUG	£210,000	£152,965	37% above HPI

7 PODKIN WOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The three 7 PODKIN WOOD sales between August 1998 and December 2020 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 2002 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the December 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 7 PODKIN WOOD be worth now?

7 PODKIN WOOD might now be worth an estimated £633,755.

This is based on house price inflation of 18.5%, between December 2020 and February 2025, for detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.5% inflationary increase is applied to the most recent sale price for 7 PODKIN WOOD of £535,000 on 11th December 2020. For the value to have increased from £535,000 to £633,755 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 7 PODKIN WOOD has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The December 2020 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 7 PODKIN WOOD has not materially changed since December 2020.

How Large is 7 PODKIN WOOD?

7 PODKIN WOOD is 170m² according to the EPC inspection conducted in April 2019. This puts it in the largest 20% of detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chatham, and where 7 PODKIN WOOD lies on this distribution: 87% of detached houses houses are smaller than 7 PODKIN WOOD, and 13% of houses are larger. Note that EPC data is not available for all properties in Chatham.

7 PODKIN WOOD: Plot and Title Map

7 PODKIN WOOD sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 7 PODKIN WOOD, 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 PODKIN WOOD). 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 PODKIN WOOD?

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