21, STONECROSS LEA, CHATHAM, ME5 0BL - £210,000

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.

21 STONECROSS LEA is a very small terraced house of 47m², built sometime between 1976 and 1982, which could now be worth an estimated £232,276. It was last sold for £210,000 in September 2021, which was around 14% below the average September 2021 terraced price in the Medway local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

21 STONECROSS LEA Sold Prices

Land registry data shows seven sales for 21 STONECROSS LEA since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the seven 21 STONECROSS LEA 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
2021 3 SEP	£210,000	£244,050	14% below HPI
2019 29 NOV	£203,000	£218,295	7% below HPI
2017 31 MAR	£185,000	£208,312	11% below HPI
2014 7 MAR	£135,000	£149,541	10% below HPI
2008 12 MAY	£137,000	£151,760	10% below HPI
2005 17 MAR	£119,995	£130,474	8% below HPI
2001 30 MAR	£59,995	£69,254	13% below HPI

21 STONECROSS LEA 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 seven 21 STONECROSS LEA sales between March 2001 and September 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 November 2019 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 21 STONECROSS LEA be worth now?

21 STONECROSS LEA might now be worth an estimated £232,276.

This is based on house price inflation of 10.6%, between September 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 10.6% inflationary increase is applied to the most recent sale price for 21 STONECROSS LEA of £210,000 on 3rd September 2021. For the value to have increased from £210,000 to £232,276 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 21 STONECROSS LEA has moved in line with the HPI for terraced houses in the Medway local authority area.
• The September 2021 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 21 STONECROSS LEA has not materially changed since September 2021.

How Large is 21 STONECROSS LEA?

21 STONECROSS LEA is 47m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% 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 21 STONECROSS LEA lies on this distribution: Less than 1% of terraced houses houses are smaller than 21 STONECROSS LEA, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Chatham.

21 STONECROSS LEA: Plot and Title Map

21 STONECROSS LEA sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 21 STONECROSS LEA, 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 21 STONECROSS LEA). 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 21 STONECROSS LEA?

21 STONECROSS LEA is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 21 on STONECROSS LEA.