88, REDWING ROAD, CHATHAM, ME5 7TH - £330,000

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

88 REDWING ROAD is a small detached house of 101m², built sometime between 1983 and 1990. It was last sold for £330,000 in May 2017, which was around 20% below the average May 2017 detached price in the Medway local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

88 REDWING ROAD Sold Prices

Land registry data shows two sales for 88 REDWING ROAD 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 88 REDWING ROAD sales was for below the average price, whilst the other was roughly equal to 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
2017 22 MAY	£330,000	£411,103	20% below HPI
1995 31 MAR	£83,000	£82,591	Close to HPI

88 REDWING ROAD 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 88 REDWING ROAD sales from March 1995 and May 2017 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 1995 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 88 REDWING ROAD?

88 REDWING ROAD is 101m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 40% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 88 REDWING ROAD lies on this distribution: 39% of detached houses are smaller than 88 REDWING ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Chatham.

88 REDWING ROAD: Plot and Title Map

88 REDWING ROAD sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 88 REDWING ROAD, 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 88 REDWING ROAD). 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 88 REDWING ROAD?

88 REDWING ROAD is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 88 on REDWING ROAD.