111, CONSTITUTION ROAD, CHATHAM, ME5 7DW - £187,000

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.

111 CONSTITUTION ROAD is a very small terraced house of 71m², built sometime between 1900 and 1929, which could now be worth an estimated £214,688. It was last sold for £187,000 in May 2021, which was around 20% below the average May 2021 terraced price in the Medway local authority area. The most recent EPC inspection was September 2011, where the current energy rating was F, and the potential energy rating was F.

111 CONSTITUTION ROAD Sold Prices

Land registry data shows three sales for 111 CONSTITUTION ROAD 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 111 CONSTITUTION ROAD 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
2021 14 MAY	£187,000	£235,125	20% below HPI
2012 9 NOV	£98,000	£136,282	28% below HPI
2004 8 JUL	£93,000	£125,621	26% below HPI

111 CONSTITUTION ROAD 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 111 CONSTITUTION ROAD sales between July 2004 and May 2021 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 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 111 CONSTITUTION ROAD be worth now?

111 CONSTITUTION ROAD might now be worth an estimated £214,688.

This is based on house price inflation of 14.8%, between May 2021 and May 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 14.8% inflationary increase is applied to the most recent sale price for 111 CONSTITUTION ROAD of £187,000 on 14th May 2021. For the value to have increased from £187,000 to £214,688 over the five years to May 2026, the following assumptions must hold true:

• The value of 111 CONSTITUTION ROAD has moved in line with the HPI for terraced houses in the Medway local authority area.
• The May 2021 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 111 CONSTITUTION ROAD has not materially changed since May 2021.

How Large is 111 CONSTITUTION ROAD?

111 CONSTITUTION ROAD is 71m² according to the EPC inspection conducted in September 2011. 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 111 CONSTITUTION ROAD lies on this distribution: 8% of terraced houses houses are smaller than 111 CONSTITUTION ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Chatham.

111 CONSTITUTION ROAD: Plot and Title Map

111 CONSTITUTION ROAD sits on a plot of roughly 0.036 of an acre, or 145m². The below map shows the location of 111 CONSTITUTION 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 111 CONSTITUTION 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 111 CONSTITUTION ROAD?

111 CONSTITUTION ROAD is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 111 on CONSTITUTION ROAD.