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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 CHESTNUT CLOSE is a very small extended detached house of 103m², built sometime between 1996 and 2002, which could now be worth an estimated £599,198. It was last sold for £525,000 in November 2019, which was around 13% 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	£603,141	13% below HPI
2018 27 APR	£523,000	£579,825	10% 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 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 16 CHESTNUT CLOSE be worth now?

16 CHESTNUT CLOSE might now be worth an estimated £599,198.

This is based on house price inflation of 14.1%, between November 2019 and February 2025, 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 14.1% inflationary increase is applied to the most recent sale price for 16 CHESTNUT CLOSE of £525,000 on 13th November 2019. For the value to have increased from £525,000 to £599,198 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the Tonbridge and Malling local authority area.
• The November 2019 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CHESTNUT CLOSE has not materially changed since November 2019.

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 houses in Kings Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kings Hill, and where 16 CHESTNUT CLOSE lies on this distribution: 12% of detached houses 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.