STEEP, BOXLEY ROAD, CHATHAM, ME5 9JD - £469,000

STEEP is a very large detached house of 167m², built sometime between 1976 and 1982. It was last sold for £469,000 in January 2018, which was around 4% below the average January 2018 detached price in the Maidstone local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

STEEP Sold Prices

Land registry data shows two sales for STEEP since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. One of the two STEEP sales was for below the average price, whilst the other was 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
2018 12 JAN	£469,000	£487,226	4% below HPI
1999 22 OCT	£202,500	£157,286	29% above HPI

STEEP Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The two STEEP sales from October 1999 and January 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 October 1999 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the January 2018 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is STEEP?

STEEP is 167m² according to the EPC inspection conducted in February 2017. This puts it in the largest 20% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where STEEP lies on this distribution: 87% of detached houses are smaller than STEEP, and 13% of houses are larger. Note that EPC data is not available for all properties in Chatham.

STEEP: Plot and Title Map

STEEP sits on a plot of roughly 0.160 of an acre, or 649m². The below map shows the location of STEEP, 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 STEEP). 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 STEEP?

STEEP is located on BOXLEY ROAD in CHATHAM, in the ME5 postcode district. The below map shows the position of STEEP on BOXLEY ROAD.