24, SHERIDAN CLOSE, CHATHAM, ME5 7NS - £160,000

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.

24 SHERIDAN CLOSE is a midsized extended terraced house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £265,489. It was last sold for £160,000 in August 2014, which was around 2% below the average August 2014 terraced price in the Medway local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

24 SHERIDAN CLOSE Sold Prices

Land registry data shows three sales for 24 SHERIDAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. Two of the three 24 SHERIDAN CLOSE sales were for below the average price, whilst one was for above 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
2014 8 AUG	£160,000	£162,728	2% below HPI
1999 30 APR	£73,500	£51,612	42% above HPI
1998 12 AUG	£47,500	£50,056	5% below HPI

24 SHERIDAN 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 three 24 SHERIDAN CLOSE sales between August 1998 and August 2014 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 April 1999 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the August 2014 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 24 SHERIDAN CLOSE be worth now?

24 SHERIDAN CLOSE might now be worth an estimated £265,489.

This is based on house price inflation of 65.9%, between August 2014 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 65.9% inflationary increase is applied to the most recent sale price for 24 SHERIDAN CLOSE of £160,000 on 8th August 2014. For the value to have increased from £160,000 to £265,489 over the eleven years and two months to June 2025, the following assumptions must hold true:

• The value of 24 SHERIDAN CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The August 2014 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SHERIDAN CLOSE has not materially changed since August 2014.

How Large is 24 SHERIDAN CLOSE?

24 SHERIDAN CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 50% 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 24 SHERIDAN CLOSE lies on this distribution: 44% of terraced houses houses are smaller than 24 SHERIDAN CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Chatham.

24 SHERIDAN CLOSE: Plot and Title Map

24 SHERIDAN CLOSE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 24 SHERIDAN 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 24 SHERIDAN 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 24 SHERIDAN CLOSE?

24 SHERIDAN CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 24 on SHERIDAN CLOSE.