40, SETFORD ROAD, CHATHAM, ME5 8LP - £490,000

40 SETFORD ROAD is a very large extended detached house of 162m², built sometime between 1983 and 1990. It was last sold for £490,000 in October 2019, which was around 15% above the average October 2019 detached price in the Medway local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

40 SETFORD ROAD Sold Prices

Land registry data shows two sales for 40 SETFORD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Both of the two 40 SETFORD ROAD 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
2019 16 OCT	£490,000	£424,533	15% above HPI
1999 29 JUN	£136,000	£110,118	24% above HPI

40 SETFORD ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The two 40 SETFORD ROAD sales from June 1999 and October 2019 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 June 1999 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2019 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 40 SETFORD ROAD?

40 SETFORD ROAD is 162m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 20% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 40 SETFORD ROAD lies on this distribution: 84% of detached houses are smaller than 40 SETFORD ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Chatham.

40 SETFORD ROAD: Plot and Title Map

40 SETFORD ROAD sits on a plot of roughly 0.130 of an acre, or 528m². The below map shows the location of 40 SETFORD ROAD, 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 40 SETFORD ROAD). 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 40 SETFORD ROAD?

40 SETFORD ROAD is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 40 on SETFORD ROAD.