RED ROOF, BOXLEY ROAD, WALDERSLADE, CHATHAM, ME5 9JG - £535,000

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

RED ROOF is a very small detached house of 81m², built sometime between 1930 and 1949. It was last sold for £535,000 in June 2022, which was about the average June 2022 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

RED ROOF Sold Prices

Land registry data shows two sales for RED ROOF since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. One of the two RED ROOF sales was roughly equal to the average price, whilst the other was 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 7 JUN	£535,000	£536,687	Close to HPI
2019 9 AUG	£240,000	£484,646	50% below HPI

RED ROOF Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The two RED ROOF sales from August 2019 and June 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 August 2019 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the June 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is RED ROOF?

RED ROOF is 81m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 20% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where RED ROOF lies on this distribution: 17% of detached houses are smaller than RED ROOF, and 82% of houses are larger. Note that EPC data is not available for all properties in Chatham.

RED ROOF: Plot and Title Map

RED ROOF sits on a plot of roughly 0.499 of an acre, or 2,021m². The below map shows the location of RED ROOF, 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 RED ROOF). 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 RED ROOF?

RED ROOF is located on BOXLEY ROAD in WALDERSLADE, in the ME5 postcode district. The below map shows the position of RED ROOF on BOXLEY ROAD.