12, CINNABAR CLOSE, CHATHAM, ME5 9PF - £230,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 CINNABAR CLOSE is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £230,000 in May 2015, which was around 48% below the average May 2015 detached price in the Maidstone local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

12 CINNABAR CLOSE Sold Prices

Land registry data shows two sales for 12 CINNABAR CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. Both of the two 12 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
2015 8 MAY	£230,000	£440,923	48% below HPI
1997 12 DEC	£71,000	£142,608	50% below HPI

12 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 two 12 CINNABAR CLOSE sales from December 1997 and May 2015 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 December 1997 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the May 2015 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 12 CINNABAR CLOSE be worth now?

12 CINNABAR CLOSE might now be worth an estimated £323,036.

This is based on house price inflation of 40.5%, between May 2015 and December 2024, 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 40.5% inflationary increase is applied to the most recent sale price for 12 CINNABAR CLOSE of £230,000 on 8th May 2015. For the value to have increased from £230,000 to £323,036 over the eight years and five months to December 2024, the following assumptions must hold true:

• The value of 12 CINNABAR CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The May 2015 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CINNABAR CLOSE has not materially changed since May 2015.

How Large is 12 CINNABAR CLOSE?

12 CINNABAR CLOSE is 58m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% 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 12 CINNABAR CLOSE lies on this distribution: 3% of detached houses houses are smaller than 12 CINNABAR CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Chatham.

12 CINNABAR CLOSE: Plot and Title Map

12 CINNABAR CLOSE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 12 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 12 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 12 CINNABAR CLOSE?

12 CINNABAR CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 12 on CINNABAR CLOSE.