24, COBBS CLOSE, WATERINGBURY, MAIDSTONE, ME18 5NJ - £487,500

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

24 COBBS CLOSE is a large extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £487,500 in July 2023, which was around 30% below the average July 2023 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

24 COBBS CLOSE Sold Prices

Land registry data shows two sales for 24 COBBS 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 Tonbridge and Malling local authority area for the corresponding sale date. Both of the two 24 COBBS 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
2023 28 JUL	£487,500	£696,784	30% below HPI
2019 8 JUL	£325,000	£618,685	47% below HPI

24 COBBS 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 two 24 COBBS CLOSE sales from July 2019 and July 2023 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 July 2019 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the July 2023 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 24 COBBS CLOSE?

24 COBBS CLOSE is 131m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 40% of detached houses in Wateringbury, based on EPC data. The below chart shows the distribution of detached houses by size in Wateringbury, and where 24 COBBS CLOSE lies on this distribution: 64% of detached houses are smaller than 24 COBBS CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Wateringbury.

24 COBBS CLOSE: Plot and Title Map

24 COBBS CLOSE sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 24 COBBS 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 COBBS 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 COBBS CLOSE?

24 COBBS CLOSE is located in WATERINGBURY, in the ME18 postcode district. The below map shows the position of No. 24 on COBBS CLOSE.