31, SILVER TREE CLOSE, CHATHAM, ME5 9ST - £232,000

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.

31 SILVER TREE CLOSE is a very small terraced house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £273,129. It was last sold for £232,000 in September 2017, which was around 7% below the average September 2017 terraced price in the Maidstone local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was A.

31 SILVER TREE CLOSE Sold Prices

Land registry data shows three sales for 31 SILVER TREE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Maidstone local authority area for the corresponding sale date. All of the three 31 SILVER TREE 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
2017 18 SEP	£232,000	£250,070	7% below HPI
2013 28 JUN	£155,000	£172,218	10% below HPI
2002 6 SEP	£114,000	£116,748	2% below HPI

31 SILVER TREE 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 three 31 SILVER TREE CLOSE sales between September 2002 and September 2017 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 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2017 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 31 SILVER TREE CLOSE be worth now?

31 SILVER TREE CLOSE might now be worth an estimated £273,129.

This is based on house price inflation of 17.7%, between September 2017 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 17.7% inflationary increase is applied to the most recent sale price for 31 SILVER TREE CLOSE of £232,000 on 18th September 2017. For the value to have increased from £232,000 to £273,129 over the eight years and three months to June 2025, the following assumptions must hold true:

• The value of 31 SILVER TREE CLOSE has moved in line with the HPI for terraced houses in the Maidstone local authority area.
• The September 2017 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 31 SILVER TREE CLOSE has not materially changed since September 2017.

How Large is 31 SILVER TREE CLOSE?

31 SILVER TREE CLOSE is 54m² according to the EPC inspection conducted in April 2013. 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 31 SILVER TREE CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 31 SILVER TREE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Chatham.

31 SILVER TREE CLOSE: Plot and Title Map

31 SILVER TREE CLOSE sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 31 SILVER TREE 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 31 SILVER TREE 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 31 SILVER TREE CLOSE?

31 SILVER TREE CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 31 on SILVER TREE CLOSE.