16, CHESTNUT CLOSE, KINGS HILL, WEST MALLING, ME19 4FP - £525,000

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

16 CHESTNUT CLOSE is a very small extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £525,000 in November 2019, which was around 16% below the average November 2019 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was February 2018, where the current energy rating was C, and the potential energy rating was B.

16 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 16 CHESTNUT 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 16 CHESTNUT 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
2019 13 NOV	£525,000	£622,467	16% below HPI
2018 27 APR	£523,000	£598,404	13% below HPI

16 CHESTNUT 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 16 CHESTNUT CLOSE sales from April 2018 and November 2019 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 April 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the November 2019 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 16 CHESTNUT CLOSE?

16 CHESTNUT CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the smallest 20% of detached houses in Kings Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Kings Hill, and where 16 CHESTNUT CLOSE lies on this distribution: 12% of detached houses are smaller than 16 CHESTNUT CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Kings Hill.

16 CHESTNUT CLOSE: Plot and Title Map

16 CHESTNUT CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 16 CHESTNUT 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 16 CHESTNUT 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 16 CHESTNUT CLOSE?

16 CHESTNUT CLOSE is located in KINGS HILL, in the ME19 postcode district. The below map shows the position of No. 16 on CHESTNUT CLOSE.