16, SHANKLIN CLOSE, CHATHAM, ME5 7QL - £104,000

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.

16 SHANKLIN CLOSE is a small terraced house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £283,562. It was last sold for £104,000 in December 2002, which was around 5% above the average December 2002 terraced price in the Medway local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

16 SHANKLIN CLOSE Sold Prices

Land registry data shows two sales for 16 SHANKLIN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. One of the two 16 SHANKLIN CLOSE sales was for above the average price, whilst the other was 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
2002 13 DEC	£104,000	£99,032	5% above HPI
2000 2 MAR	£57,000	£58,506	3% below HPI

16 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 two 16 SHANKLIN CLOSE sales from March 2000 and December 2002 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 March 2000 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the December 2002 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 16 SHANKLIN CLOSE be worth now?

16 SHANKLIN CLOSE might now be worth an estimated £283,562.

This is based on house price inflation of 172.7%, between December 2002 and June 2025, 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 172.7% inflationary increase is applied to the most recent sale price for 16 SHANKLIN CLOSE of £104,000 on 13th December 2002. For the value to have increased from £104,000 to £283,562 over the 23 years and six months to June 2025, the following assumptions must hold true:

• The value of 16 SHANKLIN CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The December 2002 sale price of £104,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SHANKLIN CLOSE has not materially changed since December 2002.

How Large is 16 SHANKLIN CLOSE?

16 SHANKLIN CLOSE is 91m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% 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 16 SHANKLIN CLOSE lies on this distribution: 26% of terraced houses houses are smaller than 16 SHANKLIN CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Chatham.

16 SHANKLIN CLOSE: Plot and Title Map

16 SHANKLIN CLOSE sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 16 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 16 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 16 SHANKLIN CLOSE?

16 SHANKLIN CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 16 on SHANKLIN CLOSE.