43, ROWAN LEA, CHATHAM, ME5 0BQ - £320,000

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.

43 ROWAN LEA is a very small extended terraced house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £356,655. It was last sold for £320,000 in August 2021, which was around 32% above the average August 2021 terraced price in the Medway local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

43 ROWAN LEA Sold Prices

Land registry data shows five sales for 43 ROWAN LEA since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the five 43 ROWAN LEA 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
2021 17 AUG	£320,000	£242,265	32% above HPI
2016 12 JUL	£285,000	£203,156	40% above HPI
2005 31 MAY	£172,000	£131,400	31% above HPI
2004 23 APR	£161,995	£119,070	36% above HPI
1999 5 MAR	£70,000	£50,984	37% above HPI

43 ROWAN LEA 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 five 43 ROWAN LEA sales between March 1999 and August 2021 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 July 2016 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the August 2021 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 43 ROWAN LEA be worth now?

43 ROWAN LEA might now be worth an estimated £356,655.

This is based on house price inflation of 11.5%, between August 2021 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 11.5% inflationary increase is applied to the most recent sale price for 43 ROWAN LEA of £320,000 on 17th August 2021. For the value to have increased from £320,000 to £356,655 over the four years and two months to June 2025, the following assumptions must hold true:

• The value of 43 ROWAN LEA has moved in line with the HPI for terraced houses in the Medway local authority area.
• The August 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 43 ROWAN LEA has not materially changed since August 2021.

How Large is 43 ROWAN LEA?

43 ROWAN LEA is 77m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% 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 43 ROWAN LEA lies on this distribution: 13% of terraced houses houses are smaller than 43 ROWAN LEA, and 86% of houses are larger. Note that EPC data is not available for all properties in Chatham.

43 ROWAN LEA: Plot and Title Map

43 ROWAN LEA sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 43 ROWAN 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 43 ROWAN 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 43 ROWAN LEA?

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