47, SHANKLIN CLOSE, CHATHAM, ME5 7QL - £258,000

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 SHANKLIN CLOSE is a very small extended terraced house of 54m², built sometime between 1967 and 1975, which could now be worth an estimated £268,475. It was last sold for £258,000 in May 2022, which was around 1% below the average May 2022 terraced price in the Medway local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

47 SHANKLIN CLOSE Sold Prices

Land registry data shows five sales for 47 SHANKLIN CLOSE 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 47 SHANKLIN 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
2022 6 MAY	£258,000	£259,481	1% below HPI
2019 28 OCT	£190,000	£218,734	13% below HPI
2007 11 MAY	£131,995	£147,548	11% below HPI
2003 11 JUL	£89,995	£108,341	17% below HPI
1999 27 AUG	£42,000	£53,604	22% below HPI

47 SHANKLIN 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 five 47 SHANKLIN CLOSE sales between August 1999 and May 2022 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 October 2019 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 47 SHANKLIN CLOSE be worth now?

47 SHANKLIN CLOSE might now be worth an estimated £268,475.

This is based on house price inflation of 4.1%, between May 2022 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 4.1% inflationary increase is applied to the most recent sale price for 47 SHANKLIN CLOSE of £258,000 on 6th May 2022. For the value to have increased from £258,000 to £268,475 over the two years and eleven months to June 2025, the following assumptions must hold true:

• The value of 47 SHANKLIN CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The May 2022 sale price of £258,000 represented a fair market value for the property.
• The size, condition, and specification of 47 SHANKLIN CLOSE has not materially changed since May 2022.

How Large is 47 SHANKLIN CLOSE?

47 SHANKLIN CLOSE is 54m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% 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 47 SHANKLIN CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 47 SHANKLIN CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Chatham.

47 SHANKLIN CLOSE: Plot and Title Map

47 SHANKLIN CLOSE sits on a plot of roughly 0.032 of an acre, or 128m². The below map shows the location of 47 SHANKLIN 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 SHANKLIN 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 SHANKLIN CLOSE?

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