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
78 BEECHWOOD AVENUE is a very small extended detached house of 74m², built sometime between 1930 and 1949. It was last sold for £242,500 in June 2012, which was around 5% below the average June 2012 detached price in the Medway local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows four sales for 78 BEECHWOOD AVENUE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Most of the four 78 BEECHWOOD AVENUE sales were for below 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 |
---|---|---|---|
2012 29 JUN | £242,500 | £254,471 | 5% below HPI |
2006 23 JAN | £249,995 | £247,359 | 1% above HPI |
2001 24 AUG | £120,000 | £159,242 | 25% below HPI |
2001 22 MAY | £87,000 | £151,847 | 43% below HPI |
The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The four 78 BEECHWOOD AVENUE sales between May 2001 and June 2012 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 January 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2012 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.
78 BEECHWOOD AVENUE is 74m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 78 BEECHWOOD AVENUE lies on this distribution: 10% of detached houses are smaller than 78 BEECHWOOD AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Chatham.
78 BEECHWOOD AVENUE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 78 BEECHWOOD AVENUE, 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 78 BEECHWOOD AVENUE). 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.
78 BEECHWOOD AVENUE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 78 on BEECHWOOD AVENUE.