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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). 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 54% 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	£575,588	54% below HPI
2006 31 OCT	£175,000	£374,246	53% below HPI
2003 25 JUL	£159,995	£317,520	50% below HPI
1999 8 JAN	£76,000	£165,243	54% 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 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the September 2016 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

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 in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 14 FALKLAND PLACE lies on this distribution: 5% of detached 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.