37, OLIVINE CLOSE, CHATHAM, ME5 9NQ - £185,000

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.

37 OLIVINE CLOSE is a very small terraced house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £241,904. It was last sold for £185,000 in January 2016, which was around 18% below the average January 2016 terraced price in the Maidstone local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

37 OLIVINE CLOSE Sold Prices

Land registry data shows seven sales for 37 OLIVINE CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the Maidstone local authority area for the corresponding sale date. Most of the seven 37 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
2016 8 JAN	£185,000	£225,149	18% below HPI
2014 14 FEB	£165,000	£188,617	13% below HPI
2012 23 APR	£151,000	£169,026	11% below HPI
2008 22 FEB	£170,000	£187,479	9% below HPI
2002 11 NOV	£121,500	£120,588	1% above HPI
2001 27 APR	£89,000	£93,342	5% below HPI
1999 10 SEP	£60,000	£73,671	19% below HPI

37 OLIVINE 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 seven 37 OLIVINE CLOSE sales between September 1999 and January 2016 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 February 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 37 OLIVINE CLOSE be worth now?

37 OLIVINE CLOSE might now be worth an estimated £241,904.

This is based on house price inflation of 30.8%, between January 2016 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 30.8% inflationary increase is applied to the most recent sale price for 37 OLIVINE CLOSE of £185,000 on 8th January 2016. For the value to have increased from £185,000 to £241,904 over the eight years and seven months to June 2025, the following assumptions must hold true:

• The value of 37 OLIVINE CLOSE has moved in line with the HPI for terraced houses in the Maidstone local authority area.
• The January 2016 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 37 OLIVINE CLOSE has not materially changed since January 2016.

How Large is 37 OLIVINE CLOSE?

37 OLIVINE CLOSE is 54m² according to the EPC inspection conducted in March 2015. 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 37 OLIVINE CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 37 OLIVINE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Chatham.

37 OLIVINE CLOSE: Plot and Title Map

37 OLIVINE CLOSE sits on a plot of roughly 0.047 of an acre, or 192m². The below map shows the location of 37 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 37 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 37 OLIVINE CLOSE?

37 OLIVINE CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 37 on OLIVINE CLOSE.