7, THE RIDGEWAY, CHATHAM, ME4 6PD - £600,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 THE RIDGEWAY is a very large extended semi-detached house of 195m², built sometime between 1930 and 1949, which could now be worth an estimated £629,273. It was last sold for £600,000 in April 2022, which was around 81% above the average April 2022 semi-detached price in the Medway local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

7 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 7 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. Both of the two 7 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
2022 28 APR	£600,000	£332,249	81% above HPI
1996 22 MAR	£78,000	£53,943	45% above HPI

7 THE RIDGEWAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The two 7 THE RIDGEWAY sales from March 1996 and April 2022 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 March 1996 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the April 2022 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

What might 7 THE RIDGEWAY be worth now?

7 THE RIDGEWAY might now be worth an estimated £629,273.

This is based on house price inflation of 4.9%, between April 2022 and December 2024, for semi-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 4.9% inflationary increase is applied to the most recent sale price for 7 THE RIDGEWAY of £600,000 on 28th April 2022. For the value to have increased from £600,000 to £629,273 over the one year and four months to December 2024, the following assumptions must hold true:

• The value of 7 THE RIDGEWAY has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The April 2022 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE RIDGEWAY has not materially changed since April 2022.

How Large is 7 THE RIDGEWAY?

7 THE RIDGEWAY is 195m², which includes two extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 10% of semi-detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chatham, and where 7 THE RIDGEWAY lies on this distribution: 93% of semi-detached houses houses are smaller than 7 THE RIDGEWAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Chatham.

7 THE RIDGEWAY: Plot and Title Map

7 THE RIDGEWAY sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 7 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 7 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.

Where is 7 THE RIDGEWAY?

7 THE RIDGEWAY is located in CHATHAM, in the ME4 postcode district. The below map shows the position of No. 7 on THE RIDGEWAY.