14, FALKLAND PLACE, CHATHAM, ME5 9HR - £262,500

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

14 FALKLAND PLACE is a very small detached house of 65m², built sometime between 1983 and 1990. It was last sold for £262,500 in September 2016, which was around 53% below the average September 2016 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

14 FALKLAND PLACE Sold Prices

Land registry data shows four sales for 14 FALKLAND PLACE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. All of the four 14 FALKLAND PLACE 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
2016 16 SEP	£262,500	£557,718	53% below HPI
2006 31 OCT	£175,000	£362,627	52% below HPI
2003 25 JUL	£159,995	£307,662	48% below HPI
1999 8 JAN	£76,000	£160,113	53% below HPI

14 FALKLAND PLACE 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 four 14 FALKLAND PLACE sales between January 1999 and September 2016 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 October 2006 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the September 2016 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 14 FALKLAND PLACE be worth now?

14 FALKLAND PLACE might now be worth an estimated £316,713.

This is based on house price inflation of 20.7%, between September 2016 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 20.7% inflationary increase is applied to the most recent sale price for 14 FALKLAND PLACE of £262,500 on 16th September 2016. For the value to have increased from £262,500 to £316,713 over the seven years and nine months to December 2024, the following assumptions must hold true:

• The value of 14 FALKLAND PLACE has moved in line with the HPI for detached houses in the Tonbridge and Malling local authority area.
• The September 2016 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 14 FALKLAND PLACE has not materially changed since September 2016.

How Large is 14 FALKLAND PLACE?

14 FALKLAND PLACE is 65m² according to the EPC inspection conducted in May 2016. 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 14 FALKLAND PLACE lies on this distribution: 5% of detached houses houses are smaller than 14 FALKLAND PLACE, and 95% of houses are larger. Note that EPC data is not available for all properties in Chatham.

14 FALKLAND PLACE: Plot and Title Map

14 FALKLAND PLACE sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 14 FALKLAND PLACE, 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 14 FALKLAND PLACE). 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 14 FALKLAND PLACE?

14 FALKLAND PLACE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 14 on FALKLAND PLACE.