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

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

27 OLIVINE CLOSE is a very small extended semi-detached house of 83m², built sometime between 1967 and 1975. It was last sold for £320,000 in August 2024, which was around 41% below the average August 2024 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 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	£541,953	41% below HPI
2017 30 NOV	£305,000	£475,767	36% below HPI
2007 8 MAY	£217,500	£331,764	34% below HPI

27 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 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 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2024 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

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 detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 27 OLIVINE CLOSE lies on this distribution: 18% of detached 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.