1, OLLIFFE CLOSE, CHATHAM, ME5 9NW - £500,000

1 OLLIFFE CLOSE is a very large extended detached house of 167m², built sometime between 1983 and 1990. It was last sold for £500,000 in June 2021, which was around 22% below the average June 2021 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was December 2020, where the current energy rating was D, and the potential energy rating was C.

1 OLLIFFE CLOSE Sold Prices

Land registry data shows two sales for 1 OLLIFFE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. Both of the two 1 OLLIFFE 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
2021 18 JUN	£500,000	£642,204	22% below HPI
1996 25 OCT	£110,000	£126,460	13% below HPI

1 OLLIFFE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tonbridge and Malling local authority area over time, sourced from the HPI. The two 1 OLLIFFE CLOSE sales from October 1996 and June 2021 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 1996 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2021 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 1 OLLIFFE CLOSE?

1 OLLIFFE CLOSE is 167m², which includes two extensions, according to the EPC inspection conducted in December 2020. 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 1 OLLIFFE CLOSE lies on this distribution: 87% of detached houses are smaller than 1 OLLIFFE CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Chatham.

1 OLLIFFE CLOSE: Plot and Title Map

1 OLLIFFE CLOSE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 1 OLLIFFE 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 1 OLLIFFE 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 1 OLLIFFE CLOSE?

1 OLLIFFE CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 1 on OLLIFFE CLOSE.