34, SILVER TREE CLOSE, CHATHAM, ME5 9ST - £167,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

34 SILVER TREE CLOSE is a very small extended semi-detached house of 76m², built sometime between 1991 and 1995, which could now be worth an estimated £294,775. It was last sold for £167,500 in November 2006, which was around 24% below the average November 2006 semi-detached price in the Maidstone local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

34 SILVER TREE CLOSE Sold Prices

Land registry data shows four sales for 34 SILVER TREE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Maidstone local authority area for the corresponding sale date. All of the four 34 SILVER TREE 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
2006 30 NOV	£167,500	£220,453	24% below HPI
2005 11 MAR	£158,500	£198,535	20% below HPI
2001 31 AUG	£97,000	£125,661	23% below HPI
1998 29 JUN	£67,500	£86,426	22% below HPI

34 SILVER TREE 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 four 34 SILVER TREE CLOSE sales between June 1998 and November 2006 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 March 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2006 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 34 SILVER TREE CLOSE be worth now?

34 SILVER TREE CLOSE might now be worth an estimated £294,775.

This is based on house price inflation of 76%, between November 2006 and February 2025, 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 76% inflationary increase is applied to the most recent sale price for 34 SILVER TREE CLOSE of £167,500 on 30th November 2006. For the value to have increased from £167,500 to £294,775 over the nineteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 34 SILVER TREE CLOSE has moved in line with the HPI for semi-detached houses in the Maidstone local authority area.
• The November 2006 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 34 SILVER TREE CLOSE has not materially changed since November 2006.

How Large is 34 SILVER TREE CLOSE?

34 SILVER TREE CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in October 2022. 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 34 SILVER TREE CLOSE lies on this distribution: 12% of semi-detached houses houses are smaller than 34 SILVER TREE CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Chatham.

34 SILVER TREE CLOSE: Plot and Title Map

34 SILVER TREE CLOSE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 34 SILVER TREE 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 34 SILVER TREE 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 34 SILVER TREE CLOSE?

34 SILVER TREE CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 34 on SILVER TREE CLOSE.