16, PYRUS CLOSE, CHATHAM, ME5 9QF - £215,000

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.

16 PYRUS CLOSE is a very small terraced house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £254,163. It was last sold for £215,000 in November 2019, which was around 14% below the average November 2019 terraced price in the Maidstone local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

16 PYRUS CLOSE Sold Prices

Land registry data shows five sales for 16 PYRUS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Maidstone local authority area for the corresponding sale date. All of the five 16 PYRUS 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
2019 22 NOV	£215,000	£251,273	14% below HPI
2016 15 JAN	£200,000	£225,149	11% below HPI
2008 25 JAN	£167,650	£191,787	13% below HPI
2005 2 DEC	£150,000	£160,563	7% below HPI
1998 23 OCT	£64,450	£68,137	5% below HPI

16 PYRUS 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 five 16 PYRUS CLOSE sales between October 1998 and November 2019 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 January 2016 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 16 PYRUS CLOSE be worth now?

16 PYRUS CLOSE might now be worth an estimated £254,163.

This is based on house price inflation of 18.2%, between November 2019 and April 2026, 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 18.2% inflationary increase is applied to the most recent sale price for 16 PYRUS CLOSE of £215,000 on 22nd November 2019. For the value to have increased from £215,000 to £254,163 over the seven years and seven months to April 2026, the following assumptions must hold true:

• The value of 16 PYRUS CLOSE has moved in line with the HPI for terraced houses in the Maidstone local authority area.
• The November 2019 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 16 PYRUS CLOSE has not materially changed since November 2019.

How Large is 16 PYRUS CLOSE?

16 PYRUS CLOSE is 58m² according to the EPC inspection conducted in August 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 16 PYRUS CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 16 PYRUS CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Chatham.

16 PYRUS CLOSE: Plot and Title Map

16 PYRUS CLOSE sits on a plot of roughly 0.028 of an acre, or 114m². The below map shows the location of 16 PYRUS 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 PYRUS 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 PYRUS CLOSE?

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