7, THE SPINNEY, CHATHAM, ME5 9JP - £402,500

7 THE SPINNEY is a small extended detached house of 95m², built sometime between 1983 and 1990. It was last sold for £402,500 in June 2018, which was around 17% below the average June 2018 detached price in the Maidstone local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

7 THE SPINNEY Sold Prices

Land registry data shows two sales for 7 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. Both of the two 7 THE SPINNEY 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
2018 19 JUN	£402,500	£486,699	17% below HPI
2004 4 JUN	£248,000	£286,030	13% below HPI

7 THE SPINNEY 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 two 7 THE SPINNEY sales from June 2004 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 June 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 7 THE SPINNEY?

7 THE SPINNEY is 95m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 40% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 7 THE SPINNEY lies on this distribution: 31% of detached houses are smaller than 7 THE SPINNEY, and 68% of houses are larger. Note that EPC data is not available for all properties in Chatham.

7 THE SPINNEY: Plot and Title Map

7 THE SPINNEY sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 7 THE SPINNEY, 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 7 THE SPINNEY). 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 7 THE SPINNEY?

7 THE SPINNEY is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 7 on THE SPINNEY.