11, SILVER TREE CLOSE, CHATHAM, ME5 9ST - £320,000

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.

11 SILVER TREE CLOSE is a very small semi-detached house of 82m², built sometime between 1996 and 2002, which could now be worth an estimated £363,764. It was last sold for £320,000 in September 2021, which was around 6% below the average September 2021 semi-detached price in the Maidstone local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

11 SILVER TREE CLOSE Sold Prices

Land registry data shows five sales for 11 SILVER TREE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Maidstone local authority area for the corresponding sale date. All of the five 11 SILVER TREE 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
2021 20 SEP	£320,000	£341,289	6% below HPI
2007 29 JUN	£203,000	£231,677	12% below HPI
2001 14 DEC	£109,000	£129,304	16% below HPI
1998 18 NOV	£86,500	£90,676	5% below HPI
1997 13 MAR	£72,995	£74,227	2% below HPI

11 SILVER TREE 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 five 11 SILVER TREE CLOSE sales between March 1997 and September 2021 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 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 11 SILVER TREE CLOSE be worth now?

11 SILVER TREE CLOSE might now be worth an estimated £363,764.

This is based on house price inflation of 13.7%, between September 2021 and February 2025, 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 13.7% inflationary increase is applied to the most recent sale price for 11 SILVER TREE CLOSE of £320,000 on 20th September 2021. For the value to have increased from £320,000 to £363,764 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 11 SILVER TREE CLOSE has moved in line with the HPI for semi-detached houses in the Maidstone local authority area.
• The September 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 11 SILVER TREE CLOSE has not materially changed since September 2021.

How Large is 11 SILVER TREE CLOSE?

11 SILVER TREE CLOSE is 82m² according to the EPC inspection conducted in May 2018. 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 11 SILVER TREE CLOSE lies on this distribution: 18% of semi-detached houses houses are smaller than 11 SILVER TREE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Chatham.

11 SILVER TREE CLOSE: Plot and Title Map

11 SILVER TREE CLOSE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 11 SILVER TREE 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 11 SILVER TREE 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 11 SILVER TREE CLOSE?

11 SILVER TREE CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 11 on SILVER TREE CLOSE.