16, FERNBANK CLOSE, CHATHAM, ME5 9NH - £350,000

16 FERNBANK CLOSE is a very large extended detached house of 156m², built sometime between 1976 and 1982. It was last sold for £350,000 in November 2015, which was around 33% below the average November 2015 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

16 FERNBANK CLOSE Sold Prices

Land registry data shows three sales for 16 FERNBANK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. All of the three 16 FERNBANK 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 9 NOV	£350,000	£519,974	33% below HPI
2007 15 JUN	£291,000	£392,191	26% below HPI
2002 6 AUG	£230,000	£288,943	20% below HPI

16 FERNBANK 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 three 16 FERNBANK CLOSE sales between August 2002 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 June 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 16 FERNBANK CLOSE?

16 FERNBANK CLOSE is 156m², which includes two extensions, according to the EPC inspection conducted in July 2015. 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 16 FERNBANK CLOSE lies on this distribution: 82% of detached houses are smaller than 16 FERNBANK CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Chatham.

16 FERNBANK CLOSE: Plot and Title Map

16 FERNBANK CLOSE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 16 FERNBANK 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 16 FERNBANK 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 16 FERNBANK CLOSE?

16 FERNBANK CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 16 on FERNBANK CLOSE.