13, FERNBANK CLOSE, CHATHAM, ME5 9NH - £330,000

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

13 FERNBANK CLOSE is a small detached house of 100m², built sometime between 1983 and 1990. It was last sold for £330,000 in February 2014, which was around 23% below the average February 2014 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was February 2024, where the current energy rating was D, and the potential energy rating was B.

13 FERNBANK CLOSE Sold Prices

Land registry data shows two sales for 13 FERNBANK 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 Tonbridge and Malling local authority area for the corresponding sale date. Both of the two 13 FERNBANK 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
2014 18 FEB	£330,000	£425,967	23% below HPI
2004 27 MAY	£249,000	£318,321	22% below HPI

13 FERNBANK 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 two 13 FERNBANK CLOSE sales from May 2004 and February 2014 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 May 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 13 FERNBANK CLOSE be worth now?

13 FERNBANK CLOSE might now be worth an estimated £521,302.

This is based on house price inflation of 58%, between February 2014 and December 2024, 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 58% inflationary increase is applied to the most recent sale price for 13 FERNBANK CLOSE of £330,000 on 18th February 2014. For the value to have increased from £330,000 to £521,302 over the nine years and two months to December 2024, the following assumptions must hold true:

• The value of 13 FERNBANK CLOSE has moved in line with the HPI for detached houses in the Tonbridge and Malling local authority area.
• The February 2014 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 13 FERNBANK CLOSE has not materially changed since February 2014.

How Large is 13 FERNBANK CLOSE?

13 FERNBANK CLOSE is 100m² according to the EPC inspection conducted in February 2024. This puts it in the smallest 40% 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 13 FERNBANK CLOSE lies on this distribution: 38% of detached houses houses are smaller than 13 FERNBANK CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Chatham.

13 FERNBANK CLOSE: Plot and Title Map

13 FERNBANK CLOSE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 13 FERNBANK 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 13 FERNBANK 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 13 FERNBANK CLOSE?

13 FERNBANK CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 13 on FERNBANK CLOSE.