15, LAWN CLOSE, CHATHAM, ME4 5DP - £142,500

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.

15 LAWN CLOSE is a very small terraced house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £282,254. It was last sold for £142,500 in November 2012, which was around 5% above the average November 2012 terraced price in the Medway local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

15 LAWN CLOSE Sold Prices

Land registry data shows three sales for 15 LAWN 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 15 LAWN CLOSE sales were 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
2012 21 NOV	£142,500	£136,282	5% above HPI
2001 11 APR	£83,000	£69,502	19% above HPI
1995 30 JUN	£43,500	£40,763	7% above HPI

15 LAWN 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 15 LAWN CLOSE sales between June 1995 and November 2012 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 April 2001 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the November 2012 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 15 LAWN CLOSE be worth now?

15 LAWN CLOSE might now be worth an estimated £282,254.

This is based on house price inflation of 98.1%, between November 2012 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 98.1% inflationary increase is applied to the most recent sale price for 15 LAWN CLOSE of £142,500 on 21st November 2012. For the value to have increased from £142,500 to £282,254 over the fourteen years and six months to May 2026, the following assumptions must hold true:

• The value of 15 LAWN CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The November 2012 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 15 LAWN CLOSE has not materially changed since November 2012.

How Large is 15 LAWN CLOSE?

15 LAWN CLOSE is 78m² according to the EPC inspection conducted in January 2015. 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 15 LAWN CLOSE lies on this distribution: 13% of terraced houses houses are smaller than 15 LAWN CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Chatham.

15 LAWN CLOSE: Plot and Title Map

15 LAWN CLOSE sits on a plot of roughly 0.047 of an acre, or 191m². The below map shows the location of 15 LAWN 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 15 LAWN 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 15 LAWN CLOSE?

15 LAWN CLOSE is located in CHATHAM, in the ME4 postcode district. The below map shows the position of No. 15 on LAWN CLOSE.