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

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

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 14% 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	£496,231	14% below HPI
2008 13 MAR	£265,000	£341,910	22% 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the August 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

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 in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 22 MICAWBER CLOSE lies on this distribution: 28% of detached 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.