58, GATCOMBE CLOSE, CHATHAM, ME5 7RD - £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.

58 GATCOMBE CLOSE is a very small terraced house of 56m², built sometime between 1983 and 1990, which could now be worth an estimated £287,797. It was last sold for £145,000 in December 2009, which was around 7% above the average December 2009 terraced price in the Medway local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

58 GATCOMBE CLOSE Sold Prices

Land registry data shows six sales for 58 GATCOMBE CLOSE 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. All of the six 58 GATCOMBE CLOSE sales were 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
2009 23 DEC	£145,000	£136,002	7% above HPI
2008 22 MAY	£156,000	£151,760	3% above HPI
2005 14 OCT	£143,000	£131,928	8% above HPI
2000 20 APR	£67,995	£60,031	13% above HPI
1998 6 NOV	£51,995	£50,593	3% above HPI
1995 27 MAR	£42,000	£40,995	2% above HPI

58 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 six 58 GATCOMBE CLOSE sales between March 1995 and December 2009 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 May 2008 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the December 2009 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 58 GATCOMBE CLOSE be worth now?

58 GATCOMBE CLOSE might now be worth an estimated £287,797.

This is based on house price inflation of 98.5%, between December 2009 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 98.5% inflationary increase is applied to the most recent sale price for 58 GATCOMBE CLOSE of £145,000 on 23rd December 2009. For the value to have increased from £145,000 to £287,797 over the seventeen years and seven months to May 2026, the following assumptions must hold true:

• The value of 58 GATCOMBE CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The December 2009 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 58 GATCOMBE CLOSE has not materially changed since December 2009.

How Large is 58 GATCOMBE CLOSE?

58 GATCOMBE CLOSE is 56m² according to the EPC inspection conducted in October 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 58 GATCOMBE CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 58 GATCOMBE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Chatham.

58 GATCOMBE CLOSE: Plot and Title Map

58 GATCOMBE CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 58 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 58 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 58 GATCOMBE CLOSE?

58 GATCOMBE CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 58 on GATCOMBE CLOSE.