24, PINEWOOD DRIVE, CHATHAM, ME5 8XU - £193,000

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.

24 PINEWOOD DRIVE is a very small terraced house of 40m², built sometime between 1976 and 1982, which could now be worth an estimated £214,442. It was last sold for £193,000 in October 2021, which was around 27% below the average October 2021 terraced price in the Maidstone local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was A.

24 PINEWOOD DRIVE Sold Prices

Land registry data shows six sales for 24 PINEWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Maidstone local authority area for the corresponding sale date. All of the six 24 PINEWOOD DRIVE 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
2021 4 OCT	£193,000	£264,965	27% below HPI
2019 23 JUL	£171,000	£249,962	32% below HPI
2006 15 DEC	£116,250	£177,333	34% below HPI
2005 24 MAR	£109,000	£155,353	30% below HPI
2003 12 SEP	£92,500	£133,931	31% below HPI
2000 20 APR	£48,000	£83,941	43% below HPI

24 PINEWOOD DRIVE 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 six 24 PINEWOOD DRIVE sales between April 2000 and October 2021 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 July 2019 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 24 PINEWOOD DRIVE be worth now?

24 PINEWOOD DRIVE might now be worth an estimated £214,442.

This is based on house price inflation of 11.1%, between October 2021 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 11.1% inflationary increase is applied to the most recent sale price for 24 PINEWOOD DRIVE of £193,000 on 4th October 2021. For the value to have increased from £193,000 to £214,442 over the four years and four months to June 2025, the following assumptions must hold true:

• The value of 24 PINEWOOD DRIVE has moved in line with the HPI for terraced houses in the Maidstone local authority area.
• The October 2021 sale price of £193,000 represented a fair market value for the property.
• The size, condition, and specification of 24 PINEWOOD DRIVE has not materially changed since October 2021.

How Large is 24 PINEWOOD DRIVE?

24 PINEWOOD DRIVE is 40m² according to the EPC inspection conducted in June 2012. 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 24 PINEWOOD DRIVE lies on this distribution: Less than 1% of terraced houses houses are smaller than 24 PINEWOOD DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Chatham.

24 PINEWOOD DRIVE: Plot and Title Map

24 PINEWOOD DRIVE sits on a plot of roughly 0.019 of an acre, or 78m². The below map shows the location of 24 PINEWOOD DRIVE, 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 PINEWOOD DRIVE). 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 PINEWOOD DRIVE?

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