22, MICAWBER CLOSE, CHATHAM, ME5 9JZ - £425,000

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

22 MICAWBER CLOSE is a small extended detached house of 93m², built sometime between 1983 and 1990. It was last sold for £425,000 in August 2021, which was around 23% below the average August 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

22 MICAWBER CLOSE Sold Prices

Land registry data shows two sales for 22 MICAWBER 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 22 MICAWBER 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 26 AUG	£425,000	£550,402	23% below HPI
2008 13 MAR	£265,000	£379,234	30% below HPI

22 MICAWBER 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 22 MICAWBER CLOSE sales from March 2008 and August 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 March 2008 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 22 MICAWBER CLOSE be worth now?

22 MICAWBER CLOSE might now be worth an estimated £478,183.

This is based on house price inflation of 12.5%, between August 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 12.5% inflationary increase is applied to the most recent sale price for 22 MICAWBER CLOSE of £425,000 on 26th August 2021. For the value to have increased from £425,000 to £478,183 over the two years and eight months to December 2024, the following assumptions must hold true:

• The value of 22 MICAWBER CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The August 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 22 MICAWBER CLOSE has not materially changed since August 2021.

How Large is 22 MICAWBER CLOSE?

22 MICAWBER CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 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 22 MICAWBER CLOSE lies on this distribution: 28% of detached houses houses are smaller than 22 MICAWBER CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Chatham.

22 MICAWBER CLOSE: Plot and Title Map

22 MICAWBER CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 22 MICAWBER 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 22 MICAWBER 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 22 MICAWBER CLOSE?

22 MICAWBER CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 22 on MICAWBER CLOSE.