8, ALDINGTON CLOSE, CHATHAM, ME5 7NF - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 ALDINGTON CLOSE is a very small extended detached house of 74m², built sometime between 1983 and 1990. It was last sold for £350,000 in June 2024, which was around 30% below the average June 2024 detached price in the Medway local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

8 ALDINGTON CLOSE Sold Prices

Land registry data shows two sales for 8 ALDINGTON 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 8 ALDINGTON CLOSE 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
2024 3 JUN	£350,000	£501,499	30% below HPI
1999 10 SEP	£95,000	£116,106	18% below HPI

8 ALDINGTON 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 8 ALDINGTON CLOSE sales from September 1999 and June 2024 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 September 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2024 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 8 ALDINGTON CLOSE?

8 ALDINGTON CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in April 2023. 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 8 ALDINGTON CLOSE lies on this distribution: 10% of detached houses are smaller than 8 ALDINGTON CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Chatham.

8 ALDINGTON CLOSE: Plot and Title Map

8 ALDINGTON CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 8 ALDINGTON 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 8 ALDINGTON 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 8 ALDINGTON CLOSE?

8 ALDINGTON CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 8 on ALDINGTON CLOSE.