24A, SHERIDAN CLOSE, CHATHAM, ME5 7NS - £172,000

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.

24A SHERIDAN CLOSE is a small semi-detached house of 97m², built sometime between 1976 and 1982, which could now be worth an estimated £336,963. It was last sold for £172,000 in April 2007, which was around 4% below the average April 2007 semi-detached price in the Medway local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

24A SHERIDAN CLOSE Sold Prices

Land registry data shows four sales for 24A SHERIDAN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. Most of the four 24A SHERIDAN CLOSE 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
2007 27 APR	£172,000	£179,474	4% below HPI
2000 28 APR	£93,500	£78,866	19% above HPI
1998 29 JUL	£38,000	£64,823	41% below HPI
1998 27 MAY	£36,000	£64,112	44% below HPI

24A SHERIDAN CLOSE 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 four 24A SHERIDAN CLOSE sales between May 1998 and April 2007 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 2000 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the April 2007 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 24A SHERIDAN CLOSE be worth now?

24A SHERIDAN CLOSE might now be worth an estimated £336,963.

This is based on house price inflation of 95.9%, between April 2007 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 95.9% inflationary increase is applied to the most recent sale price for 24A SHERIDAN CLOSE of £172,000 on 27th April 2007. For the value to have increased from £172,000 to £336,963 over the eighteen years and two months to February 2025, the following assumptions must hold true:

• The value of 24A SHERIDAN CLOSE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The April 2007 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 24A SHERIDAN CLOSE has not materially changed since April 2007.

How Large is 24A SHERIDAN CLOSE?

24A SHERIDAN CLOSE is 97m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 40% 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 24A SHERIDAN CLOSE lies on this distribution: 33% of semi-detached houses houses are smaller than 24A SHERIDAN CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Chatham.

24A SHERIDAN CLOSE: Plot and Title Map

24A SHERIDAN CLOSE sits on a plot of roughly 0.030 of an acre, or 121m². The below map shows the location of 24A 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 24A 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 24A SHERIDAN CLOSE?

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