32, SILVER TREE CLOSE, CHATHAM, ME5 9ST - £270,000

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.

32 SILVER TREE CLOSE is a very small extended terraced house of 82m², built sometime between 1991 and 1995, which could now be worth an estimated £359,247. It was last sold for £270,000 in November 2015, which was around 21% above the average November 2015 terraced price in the Maidstone local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

32 SILVER TREE CLOSE Sold Prices

Land registry data shows four sales for 32 SILVER TREE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Maidstone local authority area for the corresponding sale date. All of the four 32 SILVER TREE CLOSE sales were for above 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
2015 5 NOV	£270,000	£223,249	21% above HPI
2006 19 MAY	£202,000	£166,601	21% above HPI
2003 24 OCT	£169,995	£135,008	26% above HPI
1998 27 FEB	£85,000	£63,259	34% above HPI

32 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 four 32 SILVER TREE CLOSE sales between February 1998 and November 2015 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 May 2006 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the November 2015 sale, which was also at 21% above the HPI.

What might 32 SILVER TREE CLOSE be worth now?

32 SILVER TREE CLOSE might now be worth an estimated £359,247.

This is based on house price inflation of 33.1%, between November 2015 and April 2026, 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 33.1% inflationary increase is applied to the most recent sale price for 32 SILVER TREE CLOSE of £270,000 on 5th November 2015. For the value to have increased from £270,000 to £359,247 over the eleven years and seven months to April 2026, the following assumptions must hold true:

• The value of 32 SILVER TREE CLOSE has moved in line with the HPI for terraced houses in the Maidstone local authority area.
• The November 2015 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 32 SILVER TREE CLOSE has not materially changed since November 2015.

How Large is 32 SILVER TREE CLOSE?

32 SILVER TREE CLOSE is 82m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 20% 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 32 SILVER TREE CLOSE lies on this distribution: 17% of terraced houses houses are smaller than 32 SILVER TREE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Chatham.

32 SILVER TREE CLOSE: Plot and Title Map

32 SILVER TREE CLOSE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 32 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 32 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 32 SILVER TREE CLOSE?

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