2, THE OLD CHAPEL, 49A, SHALMSFORD STREET, CHARTHAM, CANTERBURY, CT4 7RS - £264,000

2 THE OLD CHAPEL is a very small extended semi-detached house of 95m², built sometime from 2007 onwards. It was last sold for £264,000 in August 2017, which was around 39% below the average August 2017 detached price in the Canterbury local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was A.

2 THE OLD CHAPEL Sold Prices

Land registry data shows four sales for 2 THE OLD CHAPEL since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Canterbury local authority area for the corresponding sale date. All of the four 2 THE OLD CHAPEL 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
2017 11 AUG	£264,000	£436,329	39% below HPI
2014 18 AUG	£216,500	£358,142	40% below HPI
2006 24 NOV	£195,000	£277,237	30% below HPI
2005 2 DEC	£160,000	£260,032	38% below HPI

2 THE OLD CHAPEL Price Paid vs. HPI Average

The below graph shows the average detached house price in the Canterbury local authority area over time, sourced from the HPI. The four 2 THE OLD CHAPEL sales between December 2005 and August 2017 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 August 2014 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2017 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 2 THE OLD CHAPEL?

2 THE OLD CHAPEL is 95m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of detached houses in Shalmsford Street, based on EPC data. The below chart shows the distribution of detached houses by size in Shalmsford Street, and where 2 THE OLD CHAPEL lies on this distribution: 14% of detached houses are smaller than 2 THE OLD CHAPEL, and 85% of houses are larger. Note that EPC data is not available for all properties in Shalmsford Street.

2 THE OLD CHAPEL: Plot and Title Map

2 THE OLD CHAPEL sits on a plot of roughly 0.026 of an acre, or 106m². The below map shows the location of 2 THE OLD CHAPEL, 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 THE OLD CHAPEL). 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 THE OLD CHAPEL?

2, THE OLD CHAPEL is located on SHALMSFORD STREET in CHARTHAM, in the CT4 postcode district. The below map shows the position of 2, THE OLD CHAPEL on SHALMSFORD STREET.