98, WATSON AVENUE, CHATHAM, ME5 9SN - £290,000

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

98 WATSON AVENUE is a very small detached house of 55m², built sometime between 1950 and 1966. It was last sold for £290,000 in February 2022, which was around 41% below the average February 2022 detached price in the Medway local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

98 WATSON AVENUE Sold Prices

Land registry data shows two sales for 98 WATSON AVENUE 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. Both of the two 98 WATSON AVENUE 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
2022 11 FEB	£290,000	£493,213	41% below HPI
2015 24 JUL	£205,000	£329,730	38% below HPI

98 WATSON 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 two 98 WATSON AVENUE sales from July 2015 and February 2022 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 2015 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2022 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 98 WATSON AVENUE?

98 WATSON AVENUE is 55m² according to the EPC inspection conducted in October 2021. 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 98 WATSON AVENUE lies on this distribution: 2% of detached houses are smaller than 98 WATSON AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Chatham.

98 WATSON AVENUE: Plot and Title Map

98 WATSON AVENUE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of 98 WATSON 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 98 WATSON 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 98 WATSON AVENUE?

98 WATSON AVENUE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 98 on WATSON AVENUE.