8, POLHILL DRIVE, CHATHAM, ME5 9NX - £365,000

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 POLHILL DRIVE is a large extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £365,000 in March 2018, which was around 16% below the average March 2018 detached price in the Medway local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

8 POLHILL DRIVE Sold Prices

Land registry data shows two sales for 8 POLHILL DRIVE 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 POLHILL DRIVE 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
2018 9 MAR	£365,000	£434,228	16% below HPI
2002 3 MAY	£150,000	£183,354	18% below HPI

8 POLHILL DRIVE 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 POLHILL DRIVE sales from May 2002 and March 2018 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 May 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2018 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 8 POLHILL DRIVE be worth now?

8 POLHILL DRIVE might now be worth an estimated £447,690.

This is based on house price inflation of 22.7%, between March 2018 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 22.7% inflationary increase is applied to the most recent sale price for 8 POLHILL DRIVE of £365,000 on 9th March 2018. For the value to have increased from £365,000 to £447,690 over the five years and three months to December 2024, the following assumptions must hold true:

• The value of 8 POLHILL DRIVE has moved in line with the HPI for detached houses in the Medway local authority area.
• The March 2018 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 8 POLHILL DRIVE has not materially changed since March 2018.

How Large is 8 POLHILL DRIVE?

8 POLHILL DRIVE is 125m², which includes two extensions, according to the EPC inspection conducted in August 2017. This puts it in the largest 40% 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 POLHILL DRIVE lies on this distribution: 64% of detached houses houses are smaller than 8 POLHILL DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Chatham.

8 POLHILL DRIVE: Plot and Title Map

8 POLHILL DRIVE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 8 POLHILL DRIVE, 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 POLHILL DRIVE). 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 POLHILL DRIVE?

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