10, SMITH ROAD, CHATHAM, ME5 8DR - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 SMITH ROAD is a small extended semi-detached house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £352,849. It was last sold for £350,000 in August 2023, which was around 2% above the average August 2023 semi-detached price in the Medway local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

10 SMITH ROAD Sold Prices

Land registry data shows three sales for 10 SMITH ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. Two of the three 10 SMITH ROAD sales were for above the average price, whilst one 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
2023 25 AUG	£350,000	£344,645	2% above HPI
2003 4 DEC	£147,000	£151,577	3% below HPI
1996 18 OCT	£60,000	£55,112	9% above HPI

10 SMITH ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The three 10 SMITH ROAD sales between October 1996 and August 2023 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 December 2003 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2023 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 10 SMITH ROAD be worth now?

10 SMITH ROAD might now be worth an estimated £352,849.

This is based on house price inflation of 0.8%, between August 2023 and May 2026, for semi-detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.8% inflationary increase is applied to the most recent sale price for 10 SMITH ROAD of £350,000 on 25th August 2023. For the value to have increased from £350,000 to £352,849 over the three years and three months to May 2026, the following assumptions must hold true:

• The value of 10 SMITH ROAD has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The August 2023 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 10 SMITH ROAD has not materially changed since August 2023.

How Large is 10 SMITH ROAD?

10 SMITH ROAD is 93m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 30% of semi-detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chatham, and where 10 SMITH ROAD lies on this distribution: 27% of semi-detached houses houses are smaller than 10 SMITH ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Chatham.

10 SMITH ROAD: Plot and Title Map

10 SMITH ROAD sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 10 SMITH 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 10 SMITH 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 10 SMITH ROAD?

10 SMITH ROAD is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 10 on SMITH ROAD.