19, FERNBANK CLOSE, CHATHAM, ME5 9NH - £470,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

19 FERNBANK CLOSE is a small detached house of 93m², built sometime between 1976 and 1982. It was last sold for £470,000 in November 2018, which was around 25% below the average November 2018 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.

19 FERNBANK CLOSE Sold Prices

Land registry data shows three sales for 19 FERNBANK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. All of the three 19 FERNBANK 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
2018 16 NOV	£470,000	£628,091	25% below HPI
2016 2 SEP	£410,000	£575,588	29% below HPI
2002 24 APR	£204,000	£248,642	18% below HPI

19 FERNBANK 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 three 19 FERNBANK CLOSE sales between April 2002 and November 2018 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 September 2016 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2018 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 19 FERNBANK CLOSE?

19 FERNBANK CLOSE is 93m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 30% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 19 FERNBANK CLOSE lies on this distribution: 28% of detached houses are smaller than 19 FERNBANK CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Chatham.

19 FERNBANK CLOSE: Plot and Title Map

19 FERNBANK CLOSE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 19 FERNBANK 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 19 FERNBANK 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 19 FERNBANK CLOSE?

19 FERNBANK CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 19 on FERNBANK CLOSE.