24, STONECROSS LEA, CHATHAM, ME5 0BL - £103,995

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 STONECROSS LEA is a very small semi-detached house of 43m², built sometime between 1996 and 2002, which could now be worth an estimated £219,061. It was last sold for £103,995 in July 2005, which was around 38% below the average July 2005 semi-detached price in the Medway local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was A.

24 STONECROSS LEA Sold Prices

Land registry data shows three sales for 24 STONECROSS LEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. All of the three 24 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
2005 29 JUL	£103,995	£166,918	38% below HPI
2001 24 AUG	£54,995	£98,058	44% below HPI
1998 28 AUG	£38,000	£65,377	42% below HPI

24 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 three 24 STONECROSS LEA sales between August 1998 and July 2005 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 2001 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the July 2005 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 24 STONECROSS LEA be worth now?

24 STONECROSS LEA might now be worth an estimated £219,061.

This is based on house price inflation of 110.6%, between July 2005 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 110.6% inflationary increase is applied to the most recent sale price for 24 STONECROSS LEA of £103,995 on 29th July 2005. For the value to have increased from £103,995 to £219,061 over the twenty years and five months to February 2025, the following assumptions must hold true:

• The value of 24 STONECROSS LEA has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The July 2005 sale price of £103,995 represented a fair market value for the property.
• The size, condition, and specification of 24 STONECROSS LEA has not materially changed since July 2005.

How Large is 24 STONECROSS LEA?

24 STONECROSS LEA is 43m² according to the EPC inspection conducted in September 2024. 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 24 STONECROSS LEA lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 24 STONECROSS LEA, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Chatham.

24 STONECROSS LEA: Plot and Title Map

24 STONECROSS LEA sits on a plot of roughly 0.017 of an acre, or 67m². The below map shows the location of 24 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 24 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 24 STONECROSS LEA?

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