4, SHERIDAN CLOSE, CHATHAM, ME5 7NS - £250,000

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.

4 SHERIDAN CLOSE is a small terraced house of 90m², built sometime between 1976 and 1982, which could now be worth an estimated £302,405. It was last sold for £250,000 in September 2020, which was around 12% above the average September 2020 terraced price in the Medway local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

4 SHERIDAN CLOSE Sold Prices

Land registry data shows two sales for 4 SHERIDAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. Both of the two 4 SHERIDAN CLOSE sales were 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
2020 29 SEP	£250,000	£223,224	12% above HPI
2008 2 MAY	£160,000	£151,760	5% above HPI

4 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 two 4 SHERIDAN CLOSE sales from May 2008 and September 2020 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 May 2008 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2020 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 4 SHERIDAN CLOSE be worth now?

4 SHERIDAN CLOSE might now be worth an estimated £302,405.

This is based on house price inflation of 21%, between September 2020 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 21% inflationary increase is applied to the most recent sale price for 4 SHERIDAN CLOSE of £250,000 on 29th September 2020. For the value to have increased from £250,000 to £302,405 over the five years and three months to June 2025, the following assumptions must hold true:

• The value of 4 SHERIDAN CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The September 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SHERIDAN CLOSE has not materially changed since September 2020.

How Large is 4 SHERIDAN CLOSE?

4 SHERIDAN CLOSE is 90m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 30% 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 4 SHERIDAN CLOSE lies on this distribution: 25% of terraced houses houses are smaller than 4 SHERIDAN CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Chatham.

4 SHERIDAN CLOSE: Plot and Title Map

4 SHERIDAN CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 4 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 4 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 4 SHERIDAN CLOSE?

4 SHERIDAN CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 4 on SHERIDAN CLOSE.