2, BEACON ROAD, CHATHAM, ME5 7BP - £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.

2 BEACON ROAD is a large terraced house of 128m², built sometime between 1976 and 1982, which could now be worth an estimated £306,580. It was last sold for £280,000 in October 2021, which was around 14% above the average October 2021 terraced price in the Medway local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

2 BEACON ROAD Sold Prices

Land registry data shows four sales for 2 BEACON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. two of the four 2 BEACON ROAD sales were for above the average price, and four 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
2021 22 OCT	£280,000	£246,535	14% above HPI
2019 22 FEB	£210,000	£219,227	4% below HPI
2002 29 NOV	£100,000	£97,037	3% above HPI
1998 18 DEC	£46,000	£50,941	10% below HPI

2 BEACON ROAD 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 four 2 BEACON ROAD sales between December 1998 and October 2021 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 February 2019 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 2 BEACON ROAD be worth now?

2 BEACON ROAD might now be worth an estimated £306,580.

This is based on house price inflation of 9.5%, between October 2021 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 9.5% inflationary increase is applied to the most recent sale price for 2 BEACON ROAD of £280,000 on 22nd October 2021. For the value to have increased from £280,000 to £306,580 over the five years and five months to May 2026, the following assumptions must hold true:

• The value of 2 BEACON ROAD has moved in line with the HPI for terraced houses in the Medway local authority area.
• The October 2021 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BEACON ROAD has not materially changed since October 2021.

How Large is 2 BEACON ROAD?

2 BEACON ROAD is 128m² according to the EPC inspection conducted in October 2018. This puts it in the largest 40% 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 2 BEACON ROAD lies on this distribution: 65% of terraced houses houses are smaller than 2 BEACON ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Chatham.

2 BEACON ROAD: Plot and Title Map

2 BEACON ROAD sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 2 BEACON ROAD, 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 2 BEACON ROAD). 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 2 BEACON ROAD?

2 BEACON ROAD is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 2 on BEACON ROAD.