14, WEY CLOSE, CHATHAM, ME5 8JW - £379,000

14 WEY CLOSE is a small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £379,000 in June 2020, which was around 11% below the average June 2020 detached price in the Medway local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

14 WEY CLOSE Sold Prices

Land registry data shows two sales for 14 WEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Both of the two 14 WEY 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
2020 26 JUN	£379,000	£424,886	11% below HPI
2004 28 JUL	£215,000	£242,047	11% below HPI

14 WEY 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 two 14 WEY CLOSE sales from July 2004 and June 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 July 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2020 sale, which was also at 11% below the HPI.

How Large is 14 WEY CLOSE?

14 WEY CLOSE is 88m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 14 WEY CLOSE lies on this distribution: 24% of detached houses are smaller than 14 WEY CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Chatham.

14 WEY CLOSE: Plot and Title Map

14 WEY CLOSE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 14 WEY 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 WEY 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 WEY CLOSE?

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