27, OLIVINE CLOSE, CHATHAM, ME5 9NQ - £320,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

27 OLIVINE CLOSE is a very small extended semi-detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £330,593. It was last sold for £320,000 in August 2024, which was around 13% below the average August 2024 semi-detached price in the Maidstone local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was C.

27 OLIVINE CLOSE Sold Prices

Land registry data shows three sales for 27 OLIVINE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Maidstone local authority area for the corresponding sale date. All of the three 27 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
2024 19 AUG	£320,000	£367,291	13% below HPI
2017 30 NOV	£305,000	£316,401	4% below HPI
2007 8 MAY	£217,500	£227,386	4% below HPI

27 OLIVINE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maidstone local authority area over time, sourced from the HPI. The three 27 OLIVINE CLOSE sales between May 2007 and August 2024 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 November 2017 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2024 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 27 OLIVINE CLOSE be worth now?

27 OLIVINE CLOSE might now be worth an estimated £330,593.

This is based on house price inflation of 3.3%, between August 2024 and December 2024, for semi-detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.3% inflationary increase is applied to the most recent sale price for 27 OLIVINE CLOSE of £320,000 on 19th August 2024. For the value to have increased from £320,000 to £330,593 over the eight months to December 2024, the following assumptions must hold true:

• The value of 27 OLIVINE CLOSE has moved in line with the HPI for semi-detached houses in the Maidstone local authority area.
• The August 2024 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 27 OLIVINE CLOSE has not materially changed since August 2024.

How Large is 27 OLIVINE CLOSE?

27 OLIVINE CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of semi-detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chatham, and where 27 OLIVINE CLOSE lies on this distribution: 18% of semi-detached houses houses are smaller than 27 OLIVINE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Chatham.

27 OLIVINE CLOSE: Plot and Title Map

27 OLIVINE CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 27 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 27 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 27 OLIVINE CLOSE?

27 OLIVINE CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 27 on OLIVINE CLOSE.