2, GALENA CLOSE, CHATHAM, ME5 9NE - £187,000

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

2 GALENA CLOSE is a very small detached house of 68m², built sometime between 1976 and 1982, which could now be worth an estimated £316,129. It was last sold for £187,000 in June 2012, which was around 49% below the average June 2012 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

2 GALENA CLOSE Sold Prices

Land registry data shows three sales for 2 GALENA 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 Maidstone local authority area for the corresponding sale date. All of the three 2 GALENA 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
2012 22 JUN	£187,000	£366,322	49% below HPI
2010 19 FEB	£162,500	£357,736	55% below HPI
2009 11 DEC	£132,000	£351,460	62% below HPI

2 GALENA 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 three 2 GALENA CLOSE sales between December 2009 and June 2012 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 February 2010 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the June 2012 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 2 GALENA CLOSE be worth now?

2 GALENA CLOSE might now be worth an estimated £316,129.

This is based on house price inflation of 69.1%, between June 2012 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 69.1% inflationary increase is applied to the most recent sale price for 2 GALENA CLOSE of £187,000 on 22nd June 2012. For the value to have increased from £187,000 to £316,129 over the eleven years and six months to December 2024, the following assumptions must hold true:

• The value of 2 GALENA CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The June 2012 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GALENA CLOSE has not materially changed since June 2012.

How Large is 2 GALENA CLOSE?

2 GALENA CLOSE is 68m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% 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 2 GALENA CLOSE lies on this distribution: 7% of detached houses houses are smaller than 2 GALENA CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Chatham.

2 GALENA CLOSE: Plot and Title Map

2 GALENA CLOSE sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 2 GALENA 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 2 GALENA 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 2 GALENA CLOSE?

2 GALENA CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 2 on GALENA CLOSE.