23, STONECROSS LEA, CHATHAM, ME5 0BL - £117,500

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.

23 STONECROSS LEA is a very small semi-detached house of 47m², built sometime between 1991 and 1995, which could now be worth an estimated £245,260. It was last sold for £117,500 in February 2010, which was around 30% below the average February 2010 semi-detached price in the Medway local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was A.

23 STONECROSS LEA Sold Prices

Land registry data shows two sales for 23 STONECROSS LEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. Both of the two 23 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
2010 23 FEB	£117,500	£168,448	30% below HPI
2005 28 OCT	£118,500	£165,803	29% below HPI

23 STONECROSS LEA Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The two 23 STONECROSS LEA sales from October 2005 and February 2010 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 October 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2010 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 23 STONECROSS LEA be worth now?

23 STONECROSS LEA might now be worth an estimated £245,260.

This is based on house price inflation of 108.7%, between February 2010 and February 2025, for semi-detached 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 108.7% inflationary increase is applied to the most recent sale price for 23 STONECROSS LEA of £117,500 on 23rd February 2010. For the value to have increased from £117,500 to £245,260 over the fifteen years to February 2025, the following assumptions must hold true:

• The value of 23 STONECROSS LEA has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The February 2010 sale price of £117,500 represented a fair market value for the property.
• The size, condition, and specification of 23 STONECROSS LEA has not materially changed since February 2010.

How Large is 23 STONECROSS LEA?

23 STONECROSS LEA is 47m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of semi-detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chatham, and where 23 STONECROSS LEA lies on this distribution: 1% of semi-detached houses houses are smaller than 23 STONECROSS LEA, and 99% of houses are larger. Note that EPC data is not available for all properties in Chatham.

23 STONECROSS LEA: Plot and Title Map

23 STONECROSS LEA sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 23 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 23 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 23 STONECROSS LEA?

23 STONECROSS LEA is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 23 on STONECROSS LEA.