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
2 ROUND WOOD CLOSE is a large detached house of 137m², built sometime between 1996 and 2002. It was last sold for £347,500 in March 2014, which was around 3% below the average March 2014 detached price in the Maidstone local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 2 ROUND WOOD CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. Most of the four 2 ROUND WOOD CLOSE sales were for above 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 |
---|---|---|---|
2014 31 MAR | £347,500 | £358,169 | 3% below HPI |
2003 1 APR | £305,000 | £268,493 | 14% above HPI |
1999 10 SEP | £175,000 | £153,431 | 14% above HPI |
1996 9 AUG | £139,950 | £108,951 | 28% above HPI |
The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The four 2 ROUND WOOD CLOSE sales between August 1996 and March 2014 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 2003 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the March 2014 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.
2 ROUND WOOD CLOSE is 137m² according to the EPC inspection conducted in July 2014. This puts it in the largest 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 2 ROUND WOOD CLOSE lies on this distribution: 73% of detached houses are smaller than 2 ROUND WOOD CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Chatham.
2 ROUND WOOD CLOSE sits on a plot of roughly 0.119 of an acre, or 480m². The below map shows the location of 2 ROUND WOOD 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 ROUND WOOD 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.
2 ROUND WOOD CLOSE is located in WALDERSLADE, in the ME5 postcode district. The below map shows the position of No. 2 on ROUND WOOD CLOSE.