8, SHERWOOD AVENUE, CHATHAM, ME5 9NU - £521,000

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 SHERWOOD AVENUE is a midsized extended detached house of 111m², built sometime between 1967 and 1975, which could now be worth an estimated £512,301. It was last sold for £521,000 in October 2022, which was around 4% below the average October 2022 detached price in the Medway local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

8 SHERWOOD AVENUE Sold Prices

Land registry data shows two sales for 8 SHERWOOD AVENUE 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. One of the two 8 SHERWOOD AVENUE sales was for below the average price, whilst the other was for above 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
2022 7 OCT	£521,000	£541,645	4% below HPI
2009 29 MAY	£229,995	£227,289	1% above HPI

8 SHERWOOD AVENUE 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 SHERWOOD AVENUE sales from May 2009 and October 2022 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 2009 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2022 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 8 SHERWOOD AVENUE be worth now?

8 SHERWOOD AVENUE might now be worth an estimated £512,301.

This is based on house price deflation of 1.7%, between October 2022 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 1.7% deflationary decrease is applied to the most recent sale price for 8 SHERWOOD AVENUE of £521,000 on 7th October 2022. For the value to have decreased from £521,000 to £512,301 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 8 SHERWOOD AVENUE has moved in line with the HPI for detached houses in the Medway local authority area.
• The October 2022 sale price of £521,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHERWOOD AVENUE has not materially changed since October 2022.

How Large is 8 SHERWOOD AVENUE?

8 SHERWOOD AVENUE is 111m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the largest 50% 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 SHERWOOD AVENUE lies on this distribution: 51% of detached houses houses are smaller than 8 SHERWOOD AVENUE, and 48% of houses are larger. Note that EPC data is not available for all properties in Chatham.

8 SHERWOOD AVENUE: Plot and Title Map

8 SHERWOOD AVENUE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 8 SHERWOOD 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 8 SHERWOOD 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.

Where is 8 SHERWOOD AVENUE?

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