13, IRIS CLOSE, CHATHAM, ME5 9QD - £198,000

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.

13 IRIS CLOSE is a very small terraced house of 57m², built sometime between 1983 and 1990, which could now be worth an estimated £261,106. It was last sold for £198,000 in November 2015, which was around 11% below the average November 2015 terraced price in the Maidstone local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

13 IRIS CLOSE Sold Prices

Land registry data shows four sales for 13 IRIS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Maidstone local authority area for the corresponding sale date. All of the four 13 IRIS 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
2015 5 NOV	£198,000	£223,249	11% below HPI
2011 30 SEP	£144,000	£172,505	17% below HPI
2005 24 JUN	£139,995	£160,062	13% below HPI
1999 22 JAN	£59,995	£66,680	10% below HPI

13 IRIS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Maidstone local authority area over time, sourced from the HPI. The four 13 IRIS CLOSE sales between January 1999 and November 2015 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 September 2011 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 13 IRIS CLOSE be worth now?

13 IRIS CLOSE might now be worth an estimated £261,106.

This is based on house price inflation of 31.9%, between November 2015 and June 2025, for terraced houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 31.9% inflationary increase is applied to the most recent sale price for 13 IRIS CLOSE of £198,000 on 5th November 2015. For the value to have increased from £198,000 to £261,106 over the ten years and five months to June 2025, the following assumptions must hold true:

• The value of 13 IRIS CLOSE has moved in line with the HPI for terraced houses in the Maidstone local authority area.
• The November 2015 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 13 IRIS CLOSE has not materially changed since November 2015.

How Large is 13 IRIS CLOSE?

13 IRIS CLOSE is 57m² according to the EPC inspection conducted in May 2015. 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 13 IRIS CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 13 IRIS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Chatham.

13 IRIS CLOSE: Plot and Title Map

13 IRIS CLOSE sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of 13 IRIS 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 13 IRIS 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 13 IRIS CLOSE?

13 IRIS CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 13 on IRIS CLOSE.