8, MALUS CLOSE, CHATHAM, ME5 9SU - £270,000

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 MALUS CLOSE is a very small extended semi-detached house of 83m², built sometime between 1983 and 1990, which could now be worth an estimated £337,787. It was last sold for £270,000 in December 2016, which was around 11% below the average December 2016 semi-detached price in the Maidstone local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

8 MALUS CLOSE Sold Prices

Land registry data shows four sales for 8 MALUS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Maidstone local authority area for the corresponding sale date. All of the four 8 MALUS 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 16 DEC	£270,000	£304,133	11% below HPI
2006 21 APR	£160,000	£211,111	24% below HPI
2002 17 OCT	£125,995	£156,094	19% below HPI
1998 24 JUL	£63,500	£86,068	26% below HPI

8 MALUS 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 four 8 MALUS CLOSE sales between July 1998 and December 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 April 2006 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2016 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 8 MALUS CLOSE be worth now?

8 MALUS CLOSE might now be worth an estimated £337,787.

This is based on house price inflation of 25.1%, between December 2016 and April 2026, 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 25.1% inflationary increase is applied to the most recent sale price for 8 MALUS CLOSE of £270,000 on 16th December 2016. For the value to have increased from £270,000 to £337,787 over the ten years and eight months to April 2026, the following assumptions must hold true:

• The value of 8 MALUS CLOSE has moved in line with the HPI for semi-detached houses in the Maidstone local authority area.
• The December 2016 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MALUS CLOSE has not materially changed since December 2016.

How Large is 8 MALUS CLOSE?

8 MALUS CLOSE is 83m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% 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 8 MALUS CLOSE lies on this distribution: 18% of semi-detached houses houses are smaller than 8 MALUS CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Chatham.

8 MALUS CLOSE: Plot and Title Map

8 MALUS CLOSE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 8 MALUS 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 MALUS 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 MALUS CLOSE?

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