25, OLIVINE CLOSE, CHATHAM, ME5 9NQ - £195,000

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

25 OLIVINE CLOSE is a small extended detached house of 85m², built sometime between 1983 and 1990. It was last sold for £195,000 in September 2012, which was around 42% below the average September 2012 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

25 OLIVINE CLOSE Sold Prices

Land registry data shows three sales for 25 OLIVINE 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 Maidstone local authority area for the corresponding sale date. All of the three 25 OLIVINE 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
2012 24 SEP	£195,000	£335,494	42% below HPI
2003 1 JUL	£185,000	£279,323	34% below HPI
1995 29 SEP	£64,000	£106,191	40% below HPI

25 OLIVINE 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 three 25 OLIVINE CLOSE sales between September 1995 and September 2012 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 2003 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2012 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 25 OLIVINE CLOSE?

25 OLIVINE CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in May 2012. 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 25 OLIVINE CLOSE lies on this distribution: 20% of detached houses are smaller than 25 OLIVINE CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Chatham.

25 OLIVINE CLOSE: Plot and Title Map

25 OLIVINE CLOSE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 25 OLIVINE 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 25 OLIVINE 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 25 OLIVINE CLOSE?

25 OLIVINE CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 25 on OLIVINE CLOSE.