47, MARSTON CLOSE, CHATHAM, ME5 9BY - £240,000

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.

47 MARSTON CLOSE is a midsized detached house of 107m², built sometime between 1991 and 1995, which could now be worth an estimated £513,030. It was last sold for £240,000 in June 2005, which was around 5% below the average June 2005 detached price in the Medway local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

47 MARSTON CLOSE Sold Prices

Land registry data shows three sales for 47 MARSTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 47 MARSTON 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
2005 29 JUN	£240,000	£251,995	5% below HPI
2002 11 JUN	£167,000	£188,463	11% below HPI
2000 9 MAY	£110,000	£134,815	18% below HPI

47 MARSTON 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 three 47 MARSTON CLOSE sales between May 2000 and June 2005 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 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2005 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 47 MARSTON CLOSE be worth now?

47 MARSTON CLOSE might now be worth an estimated £513,030.

This is based on house price inflation of 113.8%, between June 2005 and February 2025, for 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 113.8% inflationary increase is applied to the most recent sale price for 47 MARSTON CLOSE of £240,000 on 29th June 2005. For the value to have increased from £240,000 to £513,030 over the twenty years and four months to February 2025, the following assumptions must hold true:

• The value of 47 MARSTON CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The June 2005 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 47 MARSTON CLOSE has not materially changed since June 2005.

How Large is 47 MARSTON CLOSE?

47 MARSTON CLOSE is 107m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chatham, and where 47 MARSTON CLOSE lies on this distribution: 47% of detached houses houses are smaller than 47 MARSTON CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Chatham.

47 MARSTON CLOSE: Plot and Title Map

47 MARSTON CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 47 MARSTON 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 47 MARSTON 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 47 MARSTON CLOSE?

47 MARSTON CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 47 on MARSTON CLOSE.