CHAPS CORNER, KNOLL WAY, WARDEN, SHEERNESS, ME12 4PA - £170,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

CHAPS CORNER is a midsized detached house of 100m², built sometime between 1991 and 1995. It was last sold for £170,000 in October 2012, which was around 32% below the average October 2012 detached price in the Swale local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

CHAPS CORNER Sold Prices

Land registry data shows four sales for CHAPS CORNER since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Swale local authority area for the corresponding sale date. All of the four CHAPS CORNER 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
2012 9 OCT	£170,000	£249,429	32% below HPI
2002 15 AUG	£147,000	£186,070	21% below HPI
2000 10 AUG	£94,000	£133,114	29% below HPI
1998 5 FEB	£70,000	£96,919	28% below HPI

CHAPS CORNER Price Paid vs. HPI Average

The below graph shows the average detached house price in the Swale local authority area over time, sourced from the HPI. The four CHAPS CORNER sales between February 1998 and October 2012 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 August 2002 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2012 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might CHAPS CORNER be worth now?

CHAPS CORNER might now be worth an estimated £326,364.

This is based on house price inflation of 92%, between October 2012 and December 2024, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 92% inflationary increase is applied to the most recent sale price for CHAPS CORNER of £170,000 on 9th October 2012. For the value to have increased from £170,000 to £326,364 over the eleven years and ten months to December 2024, the following assumptions must hold true:

• The value of CHAPS CORNER has moved in line with the HPI for detached houses in the Swale local authority area.
• The October 2012 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of CHAPS CORNER has not materially changed since October 2012.

How Large is CHAPS CORNER?

CHAPS CORNER is 100m² according to the EPC inspection conducted in March 2011. This puts it in the largest 50% of detached houses houses in Warden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Warden, and where CHAPS CORNER lies on this distribution: 53% of detached houses houses are smaller than CHAPS CORNER, and 47% of houses are larger. Note that EPC data is not available for all properties in Warden.

CHAPS CORNER: Plot and Title Map

CHAPS CORNER sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of CHAPS CORNER, 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 CHAPS CORNER). 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 CHAPS CORNER?

CHAPS CORNER is located on KNOLL WAY in WARDEN, in the ME12 postcode district. The below map shows the position of CHAPS CORNER on KNOLL WAY.