MILL LODGE, LONGHILL AVENUE, CHATHAM, ME5 7AR - £210,000

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

MILL LODGE is a large detached house of 133m², built sometime between 1996 and 2002. It was last sold for £210,000 in December 2011, which was around 17% below the average December 2011 detached price in the Medway local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

MILL LODGE Sold Prices

Land registry data shows two sales for MILL LODGE 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 MILL LODGE 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
2011 12 DEC	£210,000	£254,366	17% below HPI
2003 31 JAN	£200,000	£213,287	6% below HPI

MILL LODGE 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 MILL LODGE sales from January 2003 and December 2011 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 January 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2011 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is MILL LODGE?

MILL LODGE is 133m² according to the EPC inspection conducted in September 2014. This puts it in the largest 30% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where MILL LODGE lies on this distribution: 70% of detached houses are smaller than MILL LODGE, and 29% of houses are larger. Note that EPC data is not available for all properties in Chatham.

MILL LODGE: Plot and Title Map

MILL LODGE sits on a plot of roughly 0.194 of an acre, or 786m². The below map shows the location of MILL LODGE, 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 MILL LODGE). 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 MILL LODGE?

MILL LODGE is located on LONGHILL AVENUE in CHATHAM, in the ME5 postcode district. The below map shows the position of MILL LODGE on LONGHILL AVENUE.