55, GATCOMBE CLOSE, CHATHAM, ME5 7RD - £116,500

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.

55 GATCOMBE CLOSE is a very small terraced house of 47m², built sometime between 1983 and 1990, which could now be worth an estimated £271,022. It was last sold for £116,500 in January 2004, which was about the average January 2004 terraced price in the Medway local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

55 GATCOMBE CLOSE Sold Prices

Land registry data shows two sales for 55 GATCOMBE CLOSE 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. One of the two 55 GATCOMBE CLOSE sales was roughly equal to the average price, whilst the other was 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
2004 30 JAN	£116,500	£116,034	Close to HPI
1998 4 DEC	£49,000	£50,941	4% below HPI

55 GATCOMBE 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 two 55 GATCOMBE CLOSE sales from December 1998 and January 2004 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 1998 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2004 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 55 GATCOMBE CLOSE be worth now?

55 GATCOMBE CLOSE might now be worth an estimated £271,022.

This is based on house price inflation of 132.6%, between January 2004 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 132.6% inflationary increase is applied to the most recent sale price for 55 GATCOMBE CLOSE of £116,500 on 30th January 2004. For the value to have increased from £116,500 to £271,022 over the 21 years and eight months to May 2026, the following assumptions must hold true:

• The value of 55 GATCOMBE CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The January 2004 sale price of £116,500 represented a fair market value for the property.
• The size, condition, and specification of 55 GATCOMBE CLOSE has not materially changed since January 2004.

How Large is 55 GATCOMBE CLOSE?

55 GATCOMBE CLOSE is 47m² according to the EPC inspection conducted in September 2021. 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 55 GATCOMBE CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 55 GATCOMBE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Chatham.

55 GATCOMBE CLOSE: Plot and Title Map

55 GATCOMBE CLOSE sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 55 GATCOMBE 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 55 GATCOMBE 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 55 GATCOMBE CLOSE?

55 GATCOMBE CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 55 on GATCOMBE CLOSE.