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

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

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 14% 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	£278,819	14% below HPI
2003 28 APR	£175,000	£225,997	23% 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the September 2013 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 8 DARENTH RISE be worth now?

8 DARENTH RISE might now be worth an estimated £458,449.

This is based on house price inflation of 91%, between September 2013 and December 2024, 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 91% inflationary increase is applied to the most recent sale price for 8 DARENTH RISE of £240,000 on 23rd September 2013. For the value to have increased from £240,000 to £458,449 over the ten years and nine months to December 2024, the following assumptions must hold true:

• The value of 8 DARENTH RISE has moved in line with the HPI for detached houses in the Medway local authority area.
• The September 2013 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DARENTH RISE has not materially changed since September 2013.

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 houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chatham, and where 8 DARENTH RISE lies on this distribution: 2% of detached houses 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.