7, RYEGRASS CLOSE, CHATHAM, ME5 8JY - £382,500

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 RYEGRASS CLOSE is a very large detached house of 164m², built sometime between 1976 and 1982, which could now be worth an estimated £754,409. It was last sold for £382,500 in July 2013, which was around 40% above the average July 2013 detached price in the Medway local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

7 RYEGRASS CLOSE Sold Prices

Land registry data shows three sales for 7 RYEGRASS CLOSE 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. All of the three 7 RYEGRASS 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
2013 26 JUL	£382,500	£272,880	40% above HPI
2002 9 DEC	£352,500	£217,466	62% above HPI
1998 30 JAN	£185,000	£100,517	84% above HPI

7 RYEGRASS 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 three 7 RYEGRASS CLOSE sales between January 1998 and July 2013 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 2002 sale was for 62% above the HPI. So the extrapolation line tracks at 62% above the HPI over time, until the July 2013 sale, where it falls to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 7 RYEGRASS CLOSE be worth now?

7 RYEGRASS CLOSE might now be worth an estimated £754,409.

This is based on house price inflation of 97.2%, between July 2013 and March 2025, for detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 97.2% inflationary increase is applied to the most recent sale price for 7 RYEGRASS CLOSE of £382,500 on 26th July 2013. For the value to have increased from £382,500 to £754,409 over the twelve years and four months to March 2025, the following assumptions must hold true:

• The value of 7 RYEGRASS CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The July 2013 sale price of £382,500 represented a fair market value for the property.
• The size, condition, and specification of 7 RYEGRASS CLOSE has not materially changed since July 2013.

How Large is 7 RYEGRASS CLOSE?

7 RYEGRASS CLOSE is 164m² according to the EPC inspection conducted in May 2012. 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 RYEGRASS CLOSE lies on this distribution: 85% of detached houses houses are smaller than 7 RYEGRASS CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Chatham.

7 RYEGRASS CLOSE: Plot and Title Map

7 RYEGRASS CLOSE sits on a plot of roughly 0.143 of an acre, or 580m². The below map shows the location of 7 RYEGRASS 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 RYEGRASS 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 RYEGRASS CLOSE?

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