37, TIMBERTOPS, CHATHAM, ME5 8XQ - £315,000

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 TIMBERTOPS is a small extended terraced house of 94m², built sometime between 1976 and 1982, which could now be worth an estimated £365,403. It was last sold for £315,000 in June 2018, which was around 24% above the average June 2018 terraced price in the Maidstone local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

37 TIMBERTOPS Sold Prices

Land registry data shows three sales for 37 TIMBERTOPS 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 37 TIMBERTOPS 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
2018 18 JUN	£315,000	£253,793	24% above HPI
2003 1 AUG	£162,500	£136,721	19% above HPI
2003 27 JUN	£160,000	£137,754	16% above HPI

37 TIMBERTOPS 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 37 TIMBERTOPS sales between June 2003 and June 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 August 2003 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2018 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 37 TIMBERTOPS be worth now?

37 TIMBERTOPS might now be worth an estimated £365,403.

This is based on house price inflation of 16%, between June 2018 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 16% inflationary increase is applied to the most recent sale price for 37 TIMBERTOPS of £315,000 on 18th June 2018. For the value to have increased from £315,000 to £365,403 over the seven years to June 2025, the following assumptions must hold true:

• The value of 37 TIMBERTOPS has moved in line with the HPI for terraced houses in the Maidstone local authority area.
• The June 2018 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 37 TIMBERTOPS has not materially changed since June 2018.

How Large is 37 TIMBERTOPS?

37 TIMBERTOPS is 94m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the smallest 30% 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 TIMBERTOPS lies on this distribution: 29% of terraced houses houses are smaller than 37 TIMBERTOPS, and 70% of houses are larger. Note that EPC data is not available for all properties in Chatham.

37 TIMBERTOPS: Plot and Title Map

37 TIMBERTOPS sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 37 TIMBERTOPS, 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 TIMBERTOPS). 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 TIMBERTOPS?

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