8, DARENTH RISE, CHATHAM, ME5 8QU - £240,000

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

8 DARENTH RISE is a very small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £240,000 in September 2013, which was around 12% below the average September 2013 detached price in the Medway local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

8 DARENTH RISE Sold Prices

Land registry data shows two sales for 8 DARENTH RISE 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 DARENTH RISE 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
2013 23 SEP	£240,000	£271,487	12% below HPI
2003 28 APR	£175,000	£220,055	20% below HPI

8 DARENTH RISE 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 DARENTH RISE sales from April 2003 and September 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 April 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2013 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 8 DARENTH RISE?

8 DARENTH RISE is 56m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% 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 DARENTH RISE lies on this distribution: 2% of detached houses are smaller than 8 DARENTH RISE, and 98% of houses are larger. Note that EPC data is not available for all properties in Chatham.

8 DARENTH RISE: Plot and Title Map

8 DARENTH RISE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 8 DARENTH RISE, 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 DARENTH RISE). 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 DARENTH RISE?

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