4, LOCKSLEY CLOSE, CHATHAM, ME5 9BT - £365,000

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.

4 LOCKSLEY CLOSE is a midsized extended detached house of 117m², built sometime between 1976 and 1982, which could now be worth an estimated £427,762. It was last sold for £365,000 in February 2018, which was around 38% below the average February 2018 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

4 LOCKSLEY CLOSE Sold Prices

Land registry data shows one sale for 4 LOCKSLEY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Tonbridge and Malling 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
2018 9 FEB	£365,000	£586,078	38% below HPI

4 LOCKSLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tonbridge and Malling local authority area over time, sourced from the HPI. The single 4 LOCKSLEY CLOSE sale from February 2018 has been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, preceding and following the February 2018 sale, had it maintained the same 38% margin below the HPI (as a percentage) throughout.

What might 4 LOCKSLEY CLOSE be worth now?

4 LOCKSLEY CLOSE might now be worth an estimated £427,762.

This is based on house price inflation of 17.2%, between February 2018 and May 2026, for detached houses, in the Tonbridge and Malling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.2% inflationary increase is applied to the most recent sale price for 4 LOCKSLEY CLOSE of £365,000 on 9th February 2018. For the value to have increased from £365,000 to £427,762 over the seven years and nine months to May 2026, the following assumptions must hold true:

• The value of 4 LOCKSLEY CLOSE has moved in line with the HPI for detached houses in the Tonbridge and Malling local authority area.
• The February 2018 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LOCKSLEY CLOSE has not materially changed since February 2018.

How Large is 4 LOCKSLEY CLOSE?

4 LOCKSLEY CLOSE is 117m², which includes two extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 4 LOCKSLEY CLOSE lies on this distribution: 56% of detached houses are smaller than 4 LOCKSLEY CLOSE, and 43% of detached houses are larger. Note that EPC data is not available for all properties in Chatham.

4 LOCKSLEY CLOSE: Plot and Title Map

4 LOCKSLEY CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 4 LOCKSLEY 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 4 LOCKSLEY 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 4 LOCKSLEY CLOSE?

4 LOCKSLEY CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 4 on LOCKSLEY CLOSE.