8, WEDGEWOOD DRIVE, CHATHAM, ME5 0LD - £101,640

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 WEDGEWOOD DRIVE is a very small detached house of 48m², built sometime between 1983 and 1990. It was last sold for £101,640 in January 2007, which was around 61% below the average January 2007 detached price in the Medway local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

8 WEDGEWOOD DRIVE Sold Prices

Land registry data shows three sales for 8 WEDGEWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 8 WEDGEWOOD 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
2007 29 JAN	£101,640	£263,491	61% below HPI
2002 22 MAR	£69,995	£174,625	60% below HPI
2000 9 JUN	£53,500	£135,242	60% below HPI

8 WEDGEWOOD 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 three 8 WEDGEWOOD DRIVE sales between June 2000 and January 2007 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 March 2002 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the January 2007 sale, where it falls to 61% below the HPI. The line then continues to track at 61% below the HPI.

How Large is 8 WEDGEWOOD DRIVE?

8 WEDGEWOOD DRIVE is 48m² according to the EPC inspection conducted in March 2022. 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 WEDGEWOOD DRIVE lies on this distribution: 1% of detached houses are smaller than 8 WEDGEWOOD DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chatham.

8 WEDGEWOOD DRIVE: Plot and Title Map

8 WEDGEWOOD DRIVE sits on a plot of roughly 0.020 of an acre, or 82m². The below map shows the location of 8 WEDGEWOOD 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 WEDGEWOOD 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 WEDGEWOOD DRIVE?

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