5, GEAN CLOSE, CHATHAM, ME5 9DB - £227,500

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.

5 GEAN CLOSE is a small semi-detached house of 98m², built sometime between 1976 and 1982, which could now be worth an estimated £396,991. It was last sold for £227,500 in October 2011, which was around 5% above the average October 2011 semi-detached price in the Maidstone local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

5 GEAN CLOSE Sold Prices

Land registry data shows six sales for 5 GEAN CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the Maidstone local authority area for the corresponding sale date. The six 5 GEAN CLOSE sales were a mix of above the average price, and roughly equal to 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
2011 24 OCT	£227,500	£217,014	5% above HPI
2009 4 SEP	£205,000	£204,025	Close to HPI
2002 8 JAN	£159,995	£131,261	22% above HPI
1999 30 JUN	£112,500	£94,049	20% above HPI
1996 19 DEC	£83,000	£73,245	13% above HPI
1995 26 MAY	£84,000	£68,086	23% above HPI

5 GEAN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maidstone local authority area over time, sourced from the HPI. The six 5 GEAN CLOSE sales between May 1995 and October 2011 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 September 2009 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2011 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 5 GEAN CLOSE be worth now?

5 GEAN CLOSE might now be worth an estimated £396,991.

This is based on house price inflation of 74.5%, between October 2011 and June 2025, for semi-detached 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 74.5% inflationary increase is applied to the most recent sale price for 5 GEAN CLOSE of £227,500 on 24th October 2011. For the value to have increased from £227,500 to £396,991 over the fourteen years and four months to June 2025, the following assumptions must hold true:

• The value of 5 GEAN CLOSE has moved in line with the HPI for semi-detached houses in the Maidstone local authority area.
• The October 2011 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 5 GEAN CLOSE has not materially changed since October 2011.

How Large is 5 GEAN CLOSE?

5 GEAN CLOSE is 98m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 40% of semi-detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chatham, and where 5 GEAN CLOSE lies on this distribution: 37% of semi-detached houses houses are smaller than 5 GEAN CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Chatham.

5 GEAN CLOSE: Plot and Title Map

5 GEAN CLOSE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 5 GEAN 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 5 GEAN 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 5 GEAN CLOSE?

5 GEAN CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 5 on GEAN CLOSE.