14, RUSH CLOSE, CHATHAM, ME5 8AS - £280,000

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.

14 RUSH CLOSE is a very small semi-detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £350,058. It was last sold for £280,000 in April 2020, which was about the average April 2020 semi-detached price in the Medway local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

14 RUSH CLOSE Sold Prices

Land registry data shows three sales for 14 RUSH CLOSE 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. The three 14 RUSH CLOSE sales were a mix of roughly equal to the average price, above the average price, and 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
2020 15 APR	£280,000	£279,165	Close to HPI
2012 25 MAY	£162,000	£169,664	5% below HPI
2003 10 APR	£149,950	£139,512	7% above HPI

14 RUSH CLOSE 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 14 RUSH CLOSE sales between April 2003 and April 2020 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 May 2012 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2020 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 14 RUSH CLOSE be worth now?

14 RUSH CLOSE might now be worth an estimated £350,058.

This is based on house price inflation of 25%, between April 2020 and April 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 25% inflationary increase is applied to the most recent sale price for 14 RUSH CLOSE of £280,000 on 15th April 2020. For the value to have increased from £280,000 to £350,058 over the six years to April 2026, the following assumptions must hold true:

• The value of 14 RUSH CLOSE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The April 2020 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 14 RUSH CLOSE has not materially changed since April 2020.

How Large is 14 RUSH CLOSE?

14 RUSH CLOSE is 76m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% 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 14 RUSH CLOSE lies on this distribution: 12% of semi-detached houses houses are smaller than 14 RUSH CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Chatham.

14 RUSH CLOSE: Plot and Title Map

14 RUSH CLOSE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 14 RUSH 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 14 RUSH 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 14 RUSH CLOSE?

14 RUSH CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 14 on RUSH CLOSE.