14, SILVER TREE CLOSE, CHATHAM, ME5 9ST - £284,000

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

14 SILVER TREE CLOSE is a midsized detached house of 107m², built sometime between 1983 and 1990. It was last sold for £284,000 in October 2016, which was around 44% below the average October 2016 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

14 SILVER TREE CLOSE Sold Prices

Land registry data shows two sales for 14 SILVER TREE 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 14 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
2016 25 OCT	£284,000	£504,919	44% below HPI
1998 28 AUG	£96,000	£152,965	37% below HPI

14 SILVER TREE 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 14 SILVER TREE CLOSE sales from August 1998 and October 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 August 1998 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2016 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 14 SILVER TREE CLOSE be worth now?

14 SILVER TREE CLOSE might now be worth an estimated £348,323.

This is based on house price inflation of 22.6%, between October 2016 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 22.6% inflationary increase is applied to the most recent sale price for 14 SILVER TREE CLOSE of £284,000 on 25th October 2016. For the value to have increased from £284,000 to £348,323 over the seven years and ten months to December 2024, the following assumptions must hold true:

• The value of 14 SILVER TREE CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The October 2016 sale price of £284,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SILVER TREE CLOSE has not materially changed since October 2016.

How Large is 14 SILVER TREE CLOSE?

14 SILVER TREE CLOSE is 107m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% 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 SILVER TREE CLOSE lies on this distribution: 47% of detached houses houses are smaller than 14 SILVER TREE CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Chatham.

14 SILVER TREE CLOSE: Plot and Title Map

14 SILVER TREE CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 14 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 14 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 14 SILVER TREE CLOSE?

14 SILVER TREE CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 14 on SILVER TREE CLOSE.