15, SILVER TREE CLOSE, CHATHAM, ME5 9ST - £300,000

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

15 SILVER TREE CLOSE is a very small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £300,000 in March 2024, which was around 50% below the average March 2024 detached price in the Maidstone local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

15 SILVER TREE CLOSE Sold Prices

Land registry data shows six sales for 15 SILVER TREE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the six 15 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
2024 1 MAR	£300,000	£596,146	50% below HPI
2018 18 MAY	£257,000	£546,862	53% below HPI
2007 10 JUL	£178,000	£380,242	53% below HPI
2005 19 AUG	£160,000	£335,313	52% below HPI
2003 28 JAN	£130,000	£282,195	54% below HPI
1998 17 APR	£65,000	£145,099	55% below HPI

15 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 six 15 SILVER TREE CLOSE sales between April 1998 and March 2024 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 2018 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the March 2024 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 15 SILVER TREE CLOSE be worth now?

15 SILVER TREE CLOSE might now be worth an estimated £311,641.

This is based on house price inflation of 3.9%, between March 2024 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 3.9% inflationary increase is applied to the most recent sale price for 15 SILVER TREE CLOSE of £300,000 on 1st March 2024. For the value to have increased from £300,000 to £311,641 over the three months to December 2024, the following assumptions must hold true:

• The value of 15 SILVER TREE CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The March 2024 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SILVER TREE CLOSE has not materially changed since March 2024.

How Large is 15 SILVER TREE CLOSE?

15 SILVER TREE CLOSE is 76m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% 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 15 SILVER TREE CLOSE lies on this distribution: 12% of detached houses houses are smaller than 15 SILVER TREE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Chatham.

15 SILVER TREE CLOSE: Plot and Title Map

15 SILVER TREE CLOSE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 15 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 15 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 15 SILVER TREE CLOSE?

15 SILVER TREE CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 15 on SILVER TREE CLOSE.