2, ROUND WOOD CLOSE, WALDERSLADE, CHATHAM, ME5 9UL - £347,500

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 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 13% 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.

2 ROUND WOOD CLOSE Sold Prices

Land registry data shows four sales for 2 ROUND WOOD CLOSE since 1^st 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	£397,268	13% below HPI
2003 1 APR	£305,000	£297,803	2% above HPI
1999 10 SEP	£175,000	£170,180	3% above HPI
1996 9 AUG	£139,950	£120,845	16% above HPI

2 ROUND WOOD 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 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 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 2 ROUND WOOD CLOSE be worth now?

2 ROUND WOOD CLOSE might now be worth an estimated £541,698.

This is based on house price inflation of 55.9%, between March 2014 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 55.9% inflationary increase is applied to the most recent sale price for 2 ROUND WOOD CLOSE of £347,500 on 31st March 2014. For the value to have increased from £347,500 to £541,698 over the nine years and three months to December 2024, the following assumptions must hold true:

• The value of 2 ROUND WOOD CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The March 2014 sale price of £347,500 represented a fair market value for the property.
• The size, condition, and specification of 2 ROUND WOOD CLOSE has not materially changed since March 2014.

How Large is 2 ROUND WOOD CLOSE?

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 houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chatham, and where 2 ROUND WOOD CLOSE lies on this distribution: 73% of detached houses 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: Plot and Title Map

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.

Where is 2 ROUND WOOD CLOSE?

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.