2, ALLEN CLOSE, CHATHAM, ME5 8LS - £272,500

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.

2 ALLEN CLOSE is a very small detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £394,854. It was last sold for £272,500 in December 2015, which was around 25% below the average December 2015 detached price in the Medway local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

2 ALLEN CLOSE Sold Prices

Land registry data shows one sale for 2 ALLEN CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Medway local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 4 DEC	£272,500	£362,951	25% below HPI

What might 2 ALLEN CLOSE be worth now?

2 ALLEN CLOSE might now be worth an estimated £394,854.

This is based on house price inflation of 44.9%, between December 2015 and May 2026, for detached 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 44.9% inflationary increase is applied to the most recent sale price for 2 ALLEN CLOSE of £272,500 on 4th December 2015. For the value to have increased from £272,500 to £394,854 over the eleven years and seven months to May 2026, the following assumptions must hold true:

• The value of 2 ALLEN CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The December 2015 sale price of £272,500 represented a fair market value for the property.
• The size, condition, and specification of 2 ALLEN CLOSE has not materially changed since December 2015.

How Large is 2 ALLEN CLOSE?

2 ALLEN CLOSE is 77m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 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 2 ALLEN CLOSE lies on this distribution: 13% of detached houses are smaller than 2 ALLEN CLOSE, and 87% of detached houses are larger. Note that EPC data is not available for all properties in Chatham.

2 ALLEN CLOSE: Plot

2 ALLEN CLOSE sits on a plot of roughly 0.072 of an acre, or 292m².

Where is 2 ALLEN CLOSE?

2 ALLEN CLOSE is located in CHATHAM, in the ME5 postcode district.