32, OLIVINE CLOSE, CHATHAM, ME5 9NQ - £210,000

32 OLIVINE CLOSE is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £210,000 in September 2012, which was around 37% below the average September 2012 detached price in the Maidstone local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

32 OLIVINE CLOSE Sold Prices

Land registry data shows three sales for 32 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 32 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 21 SEP	£210,000	£335,494	37% below HPI
2006 5 DEC	£203,000	£325,623	38% below HPI
1997 30 JUN	£81,500	£118,817	31% below HPI

32 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 32 OLIVINE CLOSE sales between June 1997 and September 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 December 2006 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2012 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 32 OLIVINE CLOSE?

32 OLIVINE CLOSE is 78m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 32 OLIVINE CLOSE lies on this distribution: 14% of detached houses are smaller than 32 OLIVINE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Chatham.

32 OLIVINE CLOSE: Plot and Title Map

32 OLIVINE CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 32 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 32 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 32 OLIVINE CLOSE?

32 OLIVINE CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 32 on OLIVINE CLOSE.