43, ILLUSTRIOUS CLOSE, CHATHAM, ME5 7RW - £275,000

43 ILLUSTRIOUS CLOSE is a small detached house of 95m², built sometime between 1983 and 1990. It was last sold for £275,000 in July 2018, which was around 36% below the average July 2018 detached price in the Medway local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

43 ILLUSTRIOUS CLOSE Sold Prices

Land registry data shows two sales for 43 ILLUSTRIOUS CLOSE 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 43 ILLUSTRIOUS 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
2018 4 JUL	£275,000	£430,165	36% below HPI
2003 19 SEP	£171,500	£230,127	25% below HPI

43 ILLUSTRIOUS CLOSE 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 43 ILLUSTRIOUS CLOSE sales from September 2003 and July 2018 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 September 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2018 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 43 ILLUSTRIOUS CLOSE?

43 ILLUSTRIOUS CLOSE is 95m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 40% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 43 ILLUSTRIOUS CLOSE lies on this distribution: 31% of detached houses are smaller than 43 ILLUSTRIOUS CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Chatham.

43 ILLUSTRIOUS CLOSE: Plot and Title Map

43 ILLUSTRIOUS CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 43 ILLUSTRIOUS 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 43 ILLUSTRIOUS 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 43 ILLUSTRIOUS CLOSE?

43 ILLUSTRIOUS CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 43 on ILLUSTRIOUS CLOSE.