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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 WEDGEWOOD DRIVE is a very small detached house of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £202,325. It was last sold for £101,640 in January 2007, which was around 62% 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	£270,607	62% below HPI
2002 22 MAR	£69,995	£179,341	61% below HPI
2000 9 JUN	£53,500	£138,894	61% 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 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the January 2007 sale, where it falls to 62% below the HPI. The line then continues to track at 62% below the HPI.

What might 8 WEDGEWOOD DRIVE be worth now?

8 WEDGEWOOD DRIVE might now be worth an estimated £202,325.

This is based on house price inflation of 99.1%, between January 2007 and February 2025, 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 99.1% inflationary increase is applied to the most recent sale price for 8 WEDGEWOOD DRIVE of £101,640 on 29th January 2007. For the value to have increased from £101,640 to £202,325 over the seventeen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 WEDGEWOOD DRIVE has moved in line with the HPI for detached houses in the Medway local authority area.
• The January 2007 sale price of £101,640 represented a fair market value for the property.
• The size, condition, and specification of 8 WEDGEWOOD DRIVE has not materially changed since January 2007.

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 houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chatham, and where 8 WEDGEWOOD DRIVE lies on this distribution: 1% of detached houses 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.