24, CHESTNUT CLOSE, KINGS HILL, WEST MALLING, ME19 4FP - £620,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 CHESTNUT CLOSE is a very small detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £675,699. It was last sold for £620,500 in August 2021, which was around 2% below the average August 2021 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

24 CHESTNUT CLOSE Sold Prices

Land registry data shows three sales for 24 CHESTNUT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. Two of the three 24 CHESTNUT CLOSE sales were for below the average price, whilst one was 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
2021 19 AUG	£620,500	£632,148	2% below HPI
2016 25 FEB	£525,000	£539,119	3% below HPI
2002 6 JUN	£285,000	£258,265	10% above HPI

24 CHESTNUT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tonbridge and Malling local authority area over time, sourced from the HPI. The three 24 CHESTNUT CLOSE sales between June 2002 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 February 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2021 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 24 CHESTNUT CLOSE be worth now?

24 CHESTNUT CLOSE might now be worth an estimated £675,699.

This is based on house price inflation of 8.9%, between August 2021 and February 2025, for detached houses, in the Tonbridge and Malling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.9% inflationary increase is applied to the most recent sale price for 24 CHESTNUT CLOSE of £620,500 on 19th August 2021. For the value to have increased from £620,500 to £675,699 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 24 CHESTNUT CLOSE has moved in line with the HPI for detached houses in the Tonbridge and Malling local authority area.
• The August 2021 sale price of £620,500 represented a fair market value for the property.
• The size, condition, and specification of 24 CHESTNUT CLOSE has not materially changed since August 2021.

How Large is 24 CHESTNUT CLOSE?

24 CHESTNUT CLOSE is 111m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% of detached houses houses in Kings Hill, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kings Hill, and where 24 CHESTNUT CLOSE lies on this distribution: 18% of detached houses houses are smaller than 24 CHESTNUT CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Kings Hill.

24 CHESTNUT CLOSE: Plot and Title Map

24 CHESTNUT CLOSE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 24 CHESTNUT 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 24 CHESTNUT 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 24 CHESTNUT CLOSE?

24 CHESTNUT CLOSE is located in KINGS HILL, in the ME19 postcode district. The below map shows the position of No. 24 on CHESTNUT CLOSE.