14, SHANKLIN CLOSE, CHATHAM, ME5 7QL - £230,000

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 SHANKLIN CLOSE is a very small extended terraced house of 79m², built sometime between 1976 and 1982, which could now be worth an estimated £234,897. It was last sold for £230,000 in October 2024, which was around 13% below the average October 2024 terraced price in the Medway local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

14 SHANKLIN CLOSE Sold Prices

Land registry data shows three sales for 14 SHANKLIN 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 14 SHANKLIN 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
2024 30 OCT	£230,000	£264,310	13% below HPI
2014 21 NOV	£125,000	£165,376	24% below HPI
2000 10 NOV	£64,995	£66,514	2% below HPI

14 SHANKLIN 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 14 SHANKLIN CLOSE sales between November 2000 and October 2024 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 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2024 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 14 SHANKLIN CLOSE be worth now?

14 SHANKLIN CLOSE might now be worth an estimated £234,897.

This is based on house price inflation of 2.1%, between October 2024 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 2.1% inflationary increase is applied to the most recent sale price for 14 SHANKLIN CLOSE of £230,000 on 30th October 2024. For the value to have increased from £230,000 to £234,897 over the two years and five months to May 2026, the following assumptions must hold true:

• The value of 14 SHANKLIN CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The October 2024 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SHANKLIN CLOSE has not materially changed since October 2024.

How Large is 14 SHANKLIN CLOSE?

14 SHANKLIN CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% 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 14 SHANKLIN CLOSE lies on this distribution: 14% of terraced houses houses are smaller than 14 SHANKLIN CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Chatham.

14 SHANKLIN CLOSE: Plot and Title Map

14 SHANKLIN CLOSE sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 14 SHANKLIN 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 SHANKLIN 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 SHANKLIN CLOSE?

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