1, HIGHGROVE ROAD, CHATHAM, ME5 7QE - £350,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HIGHGROVE ROAD is a large extended detached house of 121m², built sometime between 1983 and 1990. It was last sold for £350,000 in February 2018, which was around 17% below the average February 2018 detached price in the Medway local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

1 HIGHGROVE ROAD Sold Prices

Land registry data shows three sales for 1 HIGHGROVE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Two of the three 1 HIGHGROVE ROAD sales were for below the average price, whilst one was for above 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
2018 13 FEB	£350,000	£423,322	17% below HPI
2006 24 NOV	£272,000	£261,847	4% above HPI
1995 31 MAR	£80,000	£82,591	3% below HPI

1 HIGHGROVE 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 three 1 HIGHGROVE ROAD sales between March 1995 and February 2018 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 November 2006 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 1 HIGHGROVE ROAD?

1 HIGHGROVE ROAD is 121m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 40% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 1 HIGHGROVE ROAD lies on this distribution: 60% of detached houses are smaller than 1 HIGHGROVE ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Chatham.

1 HIGHGROVE ROAD: Plot and Title Map

1 HIGHGROVE ROAD sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 1 HIGHGROVE 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 1 HIGHGROVE 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 1 HIGHGROVE ROAD?

1 HIGHGROVE ROAD is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 1 on HIGHGROVE ROAD.