9, CHEVENING CLOSE, CHATHAM, ME5 7PZ - £243,000

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.

9 CHEVENING CLOSE is a very small extended terraced house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £249,484. It was last sold for £243,000 in July 2022, which was around 9% below the average July 2022 terraced price in the Medway local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

9 CHEVENING CLOSE Sold Prices

Land registry data shows two sales for 9 CHEVENING 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. Both of the two 9 CHEVENING CLOSE 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
2022 6 JUL	£243,000	£267,717	9% below HPI
2014 7 MAY	£125,000	£153,725	19% below HPI

9 CHEVENING 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 9 CHEVENING CLOSE sales from May 2014 and July 2022 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 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 9 CHEVENING CLOSE be worth now?

9 CHEVENING CLOSE might now be worth an estimated £249,484.

This is based on house price inflation of 2.7%, between July 2022 and March 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 2.7% inflationary increase is applied to the most recent sale price for 9 CHEVENING CLOSE of £243,000 on 6th July 2022. For the value to have increased from £243,000 to £249,484 over the four years and four months to March 2026, the following assumptions must hold true:

• The value of 9 CHEVENING CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The July 2022 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 9 CHEVENING CLOSE has not materially changed since July 2022.

How Large is 9 CHEVENING CLOSE?

9 CHEVENING CLOSE is 54m², which includes one extension, according to the EPC inspection conducted in February 2022. 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 9 CHEVENING CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 9 CHEVENING CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chatham.

9 CHEVENING CLOSE: Plot and Title Map

9 CHEVENING CLOSE sits on a plot of roughly 0.023 of an acre, or 92m². The below map shows the location of 9 CHEVENING 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 9 CHEVENING 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 9 CHEVENING CLOSE?

9 CHEVENING CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 9 on CHEVENING CLOSE.