11, SCARLETT CLOSE, CHATHAM, ME5 8LE - £345,000

11 SCARLETT CLOSE is a small extended detached house of 99m², built sometime between 1983 and 1990. It was last sold for £345,000 in May 2018, which was around 19% below the average May 2018 detached price in the Medway local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

11 SCARLETT CLOSE Sold Prices

Land registry data shows three sales for 11 SCARLETT CLOSE 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 11 SCARLETT CLOSE 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 11 MAY	£345,000	£423,855	19% below HPI
2004 2 JUL	£235,000	£242,047	3% below HPI
1999 1 NOV	£138,500	£121,779	14% above HPI

11 SCARLETT CLOSE 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 11 SCARLETT CLOSE sales between November 1999 and May 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 July 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2018 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 11 SCARLETT CLOSE?

11 SCARLETT CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the smallest 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 11 SCARLETT CLOSE lies on this distribution: 38% of detached houses are smaller than 11 SCARLETT CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Chatham.

11 SCARLETT CLOSE: Plot and Title Map

11 SCARLETT CLOSE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 11 SCARLETT 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 SCARLETT 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 SCARLETT CLOSE?

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