3, CARPINUS CLOSE, CHATHAM, ME5 9SS - £312,500

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.

3 CARPINUS CLOSE is a very small detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £347,396. It was last sold for £312,500 in October 2018, which was around 43% below the average October 2018 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

3 CARPINUS CLOSE Sold Prices

Land registry data shows three sales for 3 CARPINUS 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 3 CARPINUS 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
2018 17 OCT	£312,500	£552,806	43% below HPI
2005 30 JUN	£220,500	£328,993	33% below HPI
2001 8 JUN	£134,000	£216,677	38% below HPI

3 CARPINUS 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 3 CARPINUS CLOSE sales between June 2001 and October 2018 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 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2018 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 3 CARPINUS CLOSE be worth now?

3 CARPINUS CLOSE might now be worth an estimated £347,396.

This is based on house price inflation of 11.2%, between October 2018 and April 2026, for detached 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 11.2% inflationary increase is applied to the most recent sale price for 3 CARPINUS CLOSE of £312,500 on 17th October 2018. For the value to have increased from £312,500 to £347,396 over the eight years and six months to April 2026, the following assumptions must hold true:

• The value of 3 CARPINUS CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The October 2018 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of 3 CARPINUS CLOSE has not materially changed since October 2018.

How Large is 3 CARPINUS CLOSE?

3 CARPINUS CLOSE is 76m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chatham, and where 3 CARPINUS CLOSE lies on this distribution: 12% of detached houses houses are smaller than 3 CARPINUS CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Chatham.

3 CARPINUS CLOSE: Plot and Title Map

3 CARPINUS CLOSE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 3 CARPINUS 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 3 CARPINUS 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 3 CARPINUS CLOSE?

3 CARPINUS CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 3 on CARPINUS CLOSE.