13, OLIVINE CLOSE, CHATHAM, ME5 9NQ - £305,000

13 OLIVINE CLOSE is a very small detached house of 66m², built sometime between 1983 and 1990. It was last sold for £305,000 in December 2017, which was around 37% below the average December 2017 detached price in the Maidstone local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

13 OLIVINE CLOSE Sold Prices

Land registry data shows four sales for 13 OLIVINE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the four 13 OLIVINE 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
2017 13 DEC	£305,000	£480,815	37% below HPI
2011 31 AUG	£235,000	£322,888	27% below HPI
2001 18 MAY	£133,000	£195,936	32% below HPI
1997 8 SEP	£87,000	£123,103	29% below HPI

13 OLIVINE CLOSE 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 four 13 OLIVINE CLOSE sales between September 1997 and December 2017 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 August 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2017 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 13 OLIVINE CLOSE?

13 OLIVINE CLOSE is 66m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 13 OLIVINE CLOSE lies on this distribution: 6% of detached houses are smaller than 13 OLIVINE CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Chatham.

13 OLIVINE CLOSE: Plot and Title Map

13 OLIVINE CLOSE sits on a plot of roughly 0.131 of an acre, or 530m². The below map shows the location of 13 OLIVINE 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 OLIVINE 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 OLIVINE CLOSE?

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