52, UPPER LUTON ROAD, CHATHAM, ME5 7BG - £145,000

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.

52 UPPER LUTON ROAD is a very small extended terraced house of 84m², built sometime between 1900 and 1929, which could now be worth an estimated £175,233. It was last sold for £145,000 in October 2018, which was around 35% below the average October 2018 terraced price in the Medway local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

52 UPPER LUTON ROAD Sold Prices

Land registry data shows two sales for 52 UPPER LUTON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. Both of the two 52 UPPER LUTON ROAD 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
2018 8 OCT	£145,000	£223,366	35% below HPI
2018 4 JUN	£120,000	£222,458	46% below HPI

52 UPPER LUTON ROAD 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 two 52 UPPER LUTON ROAD sales from June 2018 and October 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 June 2018 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2018 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 52 UPPER LUTON ROAD be worth now?

52 UPPER LUTON ROAD might now be worth an estimated £175,233.

This is based on house price inflation of 20.9%, between October 2018 and May 2026, 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 20.9% inflationary increase is applied to the most recent sale price for 52 UPPER LUTON ROAD of £145,000 on 8th October 2018. For the value to have increased from £145,000 to £175,233 over the eight years and five months to May 2026, the following assumptions must hold true:

• The value of 52 UPPER LUTON ROAD has moved in line with the HPI for terraced houses in the Medway local authority area.
• The October 2018 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 52 UPPER LUTON ROAD has not materially changed since October 2018.

How Large is 52 UPPER LUTON ROAD?

52 UPPER LUTON ROAD is 84m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% 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 52 UPPER LUTON ROAD lies on this distribution: 19% of terraced houses houses are smaller than 52 UPPER LUTON ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Chatham.

52 UPPER LUTON ROAD: Plot and Title Map

52 UPPER LUTON ROAD sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of 52 UPPER LUTON ROAD, 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 52 UPPER LUTON ROAD). 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 52 UPPER LUTON ROAD?

52 UPPER LUTON ROAD is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 52 on UPPER LUTON ROAD.