50, ROWAN LEA, CHATHAM, ME5 0BW - £139,500

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.

50 ROWAN LEA is a very small terraced house of 42m², built sometime between 1983 and 1990, which could now be worth an estimated £207,188. It was last sold for £139,500 in November 2015, which was around 23% below the average November 2015 terraced price in the Medway local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

50 ROWAN LEA Sold Prices

Land registry data shows four sales for 50 ROWAN LEA since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the four 50 ROWAN LEA 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
2015 23 NOV	£139,500	£181,802	23% below HPI
2009 24 SEP	£93,000	£127,672	27% below HPI
2002 1 MAR	£59,995	£80,920	26% below HPI
2000 17 MAR	£43,000	£58,506	27% below HPI

50 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 four 50 ROWAN LEA sales between March 2000 and November 2015 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 2009 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2015 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 50 ROWAN LEA be worth now?

50 ROWAN LEA might now be worth an estimated £207,188.

This is based on house price inflation of 48.5%, between November 2015 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 48.5% inflationary increase is applied to the most recent sale price for 50 ROWAN LEA of £139,500 on 23rd November 2015. For the value to have increased from £139,500 to £207,188 over the ten years and five months to June 2025, the following assumptions must hold true:

• The value of 50 ROWAN LEA has moved in line with the HPI for terraced houses in the Medway local authority area.
• The November 2015 sale price of £139,500 represented a fair market value for the property.
• The size, condition, and specification of 50 ROWAN LEA has not materially changed since November 2015.

How Large is 50 ROWAN LEA?

50 ROWAN LEA is 42m² according to the EPC inspection conducted in July 2009. 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 50 ROWAN LEA lies on this distribution: Less than 1% of terraced houses houses are smaller than 50 ROWAN LEA, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Chatham.

50 ROWAN LEA: Plot and Title Map

50 ROWAN LEA sits on a plot of roughly 0.021 of an acre, or 83m². The below map shows the location of 50 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 50 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 50 ROWAN LEA?

50 ROWAN LEA is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 50 on ROWAN LEA.