21, IRIS CLOSE, CHATHAM, ME5 9QD - £291,000

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

21 IRIS CLOSE is a midsized detached house of 103m², built sometime between 1983 and 1990, which could now be worth an estimated £325,368. It was last sold for £291,000 in December 2021, which was around 47% below the average December 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

21 IRIS CLOSE Sold Prices

Land registry data shows two sales for 21 IRIS 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 Maidstone local authority area for the corresponding sale date. Both of the two 21 IRIS 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
2021 17 DEC	£291,000	£553,864	47% below HPI
1997 18 AUG	£111,000	£134,836	18% below HPI

21 IRIS 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 two 21 IRIS CLOSE sales from August 1997 and December 2021 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 August 1997 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2021 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 21 IRIS CLOSE be worth now?

21 IRIS CLOSE might now be worth an estimated £325,368.

This is based on house price inflation of 11.8%, between December 2021 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 11.8% inflationary increase is applied to the most recent sale price for 21 IRIS CLOSE of £291,000 on 17th December 2021. For the value to have increased from £291,000 to £325,368 over the three years to December 2024, the following assumptions must hold true:

• The value of 21 IRIS CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The December 2021 sale price of £291,000 represented a fair market value for the property.
• The size, condition, and specification of 21 IRIS CLOSE has not materially changed since December 2021.

How Large is 21 IRIS CLOSE?

21 IRIS CLOSE is 103m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 50% 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 21 IRIS CLOSE lies on this distribution: 42% of detached houses houses are smaller than 21 IRIS CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Chatham.

21 IRIS CLOSE: Plot and Title Map

21 IRIS CLOSE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 21 IRIS 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 21 IRIS 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 21 IRIS CLOSE?

21 IRIS CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 21 on IRIS CLOSE.