51, ROWAN LEA, CHATHAM, ME5 0BQ - £212,000

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.

51 ROWAN LEA is a very small terraced house of 53m², built sometime between 1983 and 1990, which could now be worth an estimated £260,993. It was last sold for £212,000 in May 2018, which was around 3% below the average May 2018 terraced price in the Medway local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was A.

51 ROWAN LEA Sold Prices

Land registry data shows six sales for 51 ROWAN LEA since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. The six 51 ROWAN LEA sales were a mix of below the average price, roughly equal to the average price, and 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
2018 4 MAY	£212,000	£219,329	3% below HPI
2012 24 JUL	£128,500	£137,060	6% below HPI
2005 11 NOV	£124,500	£132,482	6% below HPI
2004 29 MAR	£114,500	£118,045	3% below HPI
1997 1 DEC	£47,000	£47,053	Close to HPI
1996 18 OCT	£44,000	£42,243	4% above HPI

51 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 six 51 ROWAN LEA sales between October 1996 and May 2018 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 2012 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2018 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 51 ROWAN LEA be worth now?

51 ROWAN LEA might now be worth an estimated £260,993.

This is based on house price inflation of 23.1%, between May 2018 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 23.1% inflationary increase is applied to the most recent sale price for 51 ROWAN LEA of £212,000 on 4th May 2018. For the value to have increased from £212,000 to £260,993 over the six years and eleven months to June 2025, the following assumptions must hold true:

• The value of 51 ROWAN LEA has moved in line with the HPI for terraced houses in the Medway local authority area.
• The May 2018 sale price of £212,000 represented a fair market value for the property.
• The size, condition, and specification of 51 ROWAN LEA has not materially changed since May 2018.

How Large is 51 ROWAN LEA?

51 ROWAN LEA is 53m² according to the EPC inspection conducted in April 2012. 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 51 ROWAN LEA lies on this distribution: 1% of terraced houses houses are smaller than 51 ROWAN LEA, and 99% of houses are larger. Note that EPC data is not available for all properties in Chatham.

51 ROWAN LEA: Plot and Title Map

51 ROWAN LEA sits on a plot of roughly 0.024 of an acre, or 96m². The below map shows the location of 51 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 51 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 51 ROWAN LEA?

51 ROWAN LEA is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 51 on ROWAN LEA.