97, CONSTITUTION ROAD, CHATHAM, ME5 7DW - £230,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

97 CONSTITUTION ROAD is a very small detached house of 65m², built sometime between 1930 and 1949. It was last sold for £230,000 in December 2023, which was around 55% below the average December 2023 detached price in the Medway local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was D.

97 CONSTITUTION ROAD Sold Prices

Land registry data shows four sales for 97 CONSTITUTION ROAD 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. All of the four 97 CONSTITUTION ROAD 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
2023 19 DEC	£230,000	£513,757	55% below HPI
2005 15 JUL	£160,000	£247,137	35% below HPI
2002 7 JUN	£124,000	£183,507	32% below HPI
2001 8 AUG	£94,000	£159,242	41% below HPI

97 CONSTITUTION 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 four 97 CONSTITUTION ROAD sales between August 2001 and December 2023 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 July 2005 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2023 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 97 CONSTITUTION ROAD?

97 CONSTITUTION ROAD is 65m² according to the EPC inspection conducted in August 2023. 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 97 CONSTITUTION ROAD lies on this distribution: 5% of detached houses are smaller than 97 CONSTITUTION ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Chatham.

97 CONSTITUTION ROAD: Plot and Title Map

97 CONSTITUTION ROAD sits on a plot of roughly 0.161 of an acre, or 653m². The below map shows the location of 97 CONSTITUTION 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 97 CONSTITUTION 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 97 CONSTITUTION ROAD?

97 CONSTITUTION ROAD is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 97 on CONSTITUTION ROAD.