5, RYEGRASS CLOSE, CHATHAM, ME5 8JY - £428,000

5 RYEGRASS CLOSE is a very large detached house of 156m², built sometime between 1983 and 1990. It was last sold for £428,000 in April 2019, which was about the average April 2019 detached price in the Medway local authority area. The most recent EPC inspection was June 2013, where the current energy rating was E, and the potential energy rating was B.

5 RYEGRASS CLOSE Sold Prices

Land registry data shows two sales for 5 RYEGRASS 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. One of the two 5 RYEGRASS CLOSE sales was roughly equal to the average price, whilst the other was 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 1 APR	£428,000	£429,064	Close to HPI
2007 5 DEC	£292,000	£282,048	4% above HPI

5 RYEGRASS 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 5 RYEGRASS CLOSE sales from December 2007 and April 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 December 2007 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2019 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 5 RYEGRASS CLOSE?

5 RYEGRASS CLOSE is 156m² according to the EPC inspection conducted in June 2013. 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 5 RYEGRASS CLOSE lies on this distribution: 82% of detached houses are smaller than 5 RYEGRASS CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Chatham.

5 RYEGRASS CLOSE: Plot and Title Map

5 RYEGRASS CLOSE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 5 RYEGRASS 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 5 RYEGRASS 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 5 RYEGRASS CLOSE?

5 RYEGRASS CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 5 on RYEGRASS CLOSE.