2, THE SPINNEY, CHATHAM, ME5 9JP - £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.

2 THE SPINNEY is a small extended detached house of 96m², built sometime between 1983 and 1990, which could now be worth an estimated £439,813. It was last sold for £375,000 in June 2017, which was around 28% below the average June 2017 detached price in the Maidstone local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

2 THE SPINNEY Sold Prices

Land registry data shows one sale for 2 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Maidstone local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 30 JUN	£375,000	£520,875	28% below HPI

What might 2 THE SPINNEY be worth now?

2 THE SPINNEY might now be worth an estimated £439,813.

This is based on house price inflation of 17.3%, between June 2017 and May 2026, 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 17.3% inflationary increase is applied to the most recent sale price for 2 THE SPINNEY of £375,000 on 30th June 2017. For the value to have increased from £375,000 to £439,813 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 2 THE SPINNEY has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The June 2017 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE SPINNEY has not materially changed since June 2017.

How Large is 2 THE SPINNEY?

2 THE SPINNEY is 96m², which includes one extension, according to the EPC inspection conducted in July 2016. 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 2 THE SPINNEY lies on this distribution: 31% of detached houses are smaller than 2 THE SPINNEY, and 67% of detached houses are larger. Note that EPC data is not available for all properties in Chatham.

2 THE SPINNEY: Plot

2 THE SPINNEY sits on a plot of roughly 0.077 of an acre, or 312m².

Where is 2 THE SPINNEY?

2 THE SPINNEY is located in CHATHAM, in the ME5 postcode district.