24, OLIVINE CLOSE, CHATHAM, ME5 9NQ - £200,000

24 OLIVINE CLOSE is a small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £200,000 in June 2012, which was around 39% below the average June 2012 detached price in the Maidstone local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

24 OLIVINE CLOSE Sold Prices

Land registry data shows three sales for 24 OLIVINE 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 Maidstone local authority area for the corresponding sale date. All of the three 24 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
2012 29 JUN	£200,000	£330,269	39% below HPI
2002 22 NOV	£158,000	£250,407	37% below HPI
1998 23 FEB	£75,000	£129,987	42% below HPI

24 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 three 24 OLIVINE CLOSE sales between February 1998 and June 2012 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 November 2002 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2012 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 24 OLIVINE CLOSE?

24 OLIVINE CLOSE is 84m² according to the EPC inspection conducted in October 2011. This puts it in the smallest 30% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 24 OLIVINE CLOSE lies on this distribution: 20% of detached houses are smaller than 24 OLIVINE CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Chatham.

24 OLIVINE CLOSE: Plot and Title Map

24 OLIVINE CLOSE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 24 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 24 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 24 OLIVINE CLOSE?

24 OLIVINE CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 24 on OLIVINE CLOSE.