11, ILLUSTRIOUS CLOSE, CHATHAM, ME5 7RW - £124,500

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.

11 ILLUSTRIOUS CLOSE is a very small terraced house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £231,181. It was last sold for £124,500 in January 2014, which was around 15% below the average January 2014 terraced price in the Medway local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was A.

11 ILLUSTRIOUS CLOSE Sold Prices

Land registry data shows three sales for 11 ILLUSTRIOUS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the three 11 ILLUSTRIOUS CLOSE 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
2014 17 JAN	£124,500	£146,377	15% below HPI
2002 21 NOV	£92,000	£97,037	5% below HPI
1999 19 NOV	£53,000	£57,572	8% below HPI

11 ILLUSTRIOUS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Medway local authority area over time, sourced from the HPI. The three 11 ILLUSTRIOUS CLOSE sales between November 1999 and January 2014 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 2002 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the January 2014 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 11 ILLUSTRIOUS CLOSE be worth now?

11 ILLUSTRIOUS CLOSE might now be worth an estimated £231,181.

This is based on house price inflation of 85.7%, between January 2014 and April 2026, for terraced 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 85.7% inflationary increase is applied to the most recent sale price for 11 ILLUSTRIOUS CLOSE of £124,500 on 17th January 2014. For the value to have increased from £124,500 to £231,181 over the eleven years and nine months to April 2026, the following assumptions must hold true:

• The value of 11 ILLUSTRIOUS CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The January 2014 sale price of £124,500 represented a fair market value for the property.
• The size, condition, and specification of 11 ILLUSTRIOUS CLOSE has not materially changed since January 2014.

How Large is 11 ILLUSTRIOUS CLOSE?

11 ILLUSTRIOUS CLOSE is 58m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% of terraced houses houses in Chatham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chatham, and where 11 ILLUSTRIOUS CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 11 ILLUSTRIOUS CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Chatham.

11 ILLUSTRIOUS CLOSE: Plot and Title Map

11 ILLUSTRIOUS CLOSE sits on a plot of roughly 0.022 of an acre, or 88m². The below map shows the location of 11 ILLUSTRIOUS CLOSE, 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 11 ILLUSTRIOUS CLOSE). 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 11 ILLUSTRIOUS CLOSE?

11 ILLUSTRIOUS CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 11 on ILLUSTRIOUS CLOSE.