8, CINNABAR CLOSE, CHATHAM, ME5 9PF - £375,000

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.

8 CINNABAR CLOSE is a very small detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £389,010. It was last sold for £375,000 in March 2022, which was around 37% below the average March 2022 detached price in the Maidstone local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

8 CINNABAR CLOSE Sold Prices

Land registry data shows four sales for 8 CINNABAR CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the four 8 CINNABAR 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
2022 23 MAR	£375,000	£593,405	37% below HPI
2014 17 APR	£244,000	£400,737	39% below HPI
2009 16 JAN	£195,000	£328,551	41% below HPI
2000 25 AUG	£125,000	£204,323	39% below HPI

8 CINNABAR CLOSE 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 four 8 CINNABAR CLOSE sales between August 2000 and March 2022 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 April 2014 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 8 CINNABAR CLOSE be worth now?

8 CINNABAR CLOSE might now be worth an estimated £389,010.

This is based on house price inflation of 3.7%, between March 2022 and June 2025, for 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 3.7% inflationary increase is applied to the most recent sale price for 8 CINNABAR CLOSE of £375,000 on 23rd March 2022. For the value to have increased from £375,000 to £389,010 over the two years and nine months to June 2025, the following assumptions must hold true:

• The value of 8 CINNABAR CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The March 2022 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CINNABAR CLOSE has not materially changed since March 2022.

How Large is 8 CINNABAR CLOSE?

8 CINNABAR CLOSE is 75m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chatham, and where 8 CINNABAR CLOSE lies on this distribution: 11% of detached houses houses are smaller than 8 CINNABAR CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Chatham.

8 CINNABAR CLOSE: Plot and Title Map

8 CINNABAR CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 8 CINNABAR 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 8 CINNABAR 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 8 CINNABAR CLOSE?

8 CINNABAR CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 8 on CINNABAR CLOSE.