81, CHESTNUT AVENUE, CHATHAM, ME5 9BA - £407,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

81 CHESTNUT AVENUE is a very small extended detached house of 83m², built sometime between 1950 and 1966. It was last sold for £407,000 in June 2020, which was around 4% below the average June 2020 detached price in the Medway local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

81 CHESTNUT AVENUE Sold Prices

Land registry data shows four sales for 81 CHESTNUT AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. two of the four 81 CHESTNUT AVENUE sales were for below the average price, and four were 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
2020 16 JUN	£407,000	£424,886	4% below HPI
2011 9 SEP	£305,000	£257,174	19% above HPI
2001 23 MAR	£164,995	£149,405	10% above HPI
1996 12 AUG	£63,000	£85,248	26% below HPI

81 CHESTNUT 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 four 81 CHESTNUT AVENUE sales between August 1996 and June 2020 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 September 2011 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2020 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 81 CHESTNUT AVENUE?

81 CHESTNUT AVENUE is 83m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 20% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 81 CHESTNUT AVENUE lies on this distribution: 19% of detached houses are smaller than 81 CHESTNUT AVENUE, and 81% of houses are larger. Note that EPC data is not available for all properties in Chatham.

81 CHESTNUT AVENUE: Plot and Title Map

81 CHESTNUT AVENUE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 81 CHESTNUT 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 81 CHESTNUT 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 81 CHESTNUT AVENUE?

81 CHESTNUT AVENUE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 81 on CHESTNUT AVENUE.