22, SILVER TREE CLOSE, CHATHAM, ME5 9ST - £475,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

22 SILVER TREE CLOSE is a midsized detached house of 102m², built sometime between 1983 and 1990. It was last sold for £475,000 in April 2017, which was around 4% above the average April 2017 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

22 SILVER TREE CLOSE Sold Prices

Land registry data shows four sales for 22 SILVER TREE 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 22 SILVER TREE 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
2017 19 APR	£475,000	£457,559	4% above HPI
2013 15 MAR	£285,000	£336,567	15% below HPI
2009 24 SEP	£292,500	£304,484	4% below HPI
2003 27 JUN	£270,000	£277,949	3% below HPI

22 SILVER TREE 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 22 SILVER TREE CLOSE sales between June 2003 and April 2017 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 2013 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2017 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 22 SILVER TREE CLOSE?

22 SILVER TREE CLOSE is 102m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 50% 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 SILVER TREE CLOSE lies on this distribution: 40% of detached houses are smaller than 22 SILVER TREE CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Chatham.

22 SILVER TREE CLOSE: Plot and Title Map

22 SILVER TREE CLOSE sits on a plot of roughly 0.128 of an acre, or 520m². The below map shows the location of 22 SILVER TREE 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 SILVER TREE 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 SILVER TREE CLOSE?

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