28, CHESTNUT CLOSE, KINGS HILL, WEST MALLING, ME19 4FP - £425,000

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

28 CHESTNUT CLOSE is a very small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £425,000 in June 2018, which was around 29% below the average June 2018 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

28 CHESTNUT CLOSE Sold Prices

Land registry data shows two sales for 28 CHESTNUT 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 28 CHESTNUT 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
2018 29 JUN	£425,000	£598,259	29% below HPI
1997 21 FEB	£109,500	£127,506	14% below HPI

28 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 two 28 CHESTNUT CLOSE sales from February 1997 and June 2018 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 1997 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 28 CHESTNUT CLOSE?

28 CHESTNUT CLOSE is 86m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 10% of detached houses in Kings Hill, based on EPC data. The below chart shows the distribution of detached houses by size in Kings Hill, and where 28 CHESTNUT CLOSE lies on this distribution: 3% of detached houses are smaller than 28 CHESTNUT CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Kings Hill.

28 CHESTNUT CLOSE: Plot and Title Map

28 CHESTNUT CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 28 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 28 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 28 CHESTNUT CLOSE?

28 CHESTNUT CLOSE is located in KINGS HILL, in the ME19 postcode district. The below map shows the position of No. 28 on CHESTNUT CLOSE.