38, YEW TREE CLOSE, CHATHAM, ME5 8XN - £350,000

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

38 YEW TREE CLOSE is a small detached house of 98m², built sometime between 1976 and 1982. It was last sold for £350,000 in April 2017, which was around 31% below the average April 2017 detached price in the Maidstone local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

38 YEW TREE CLOSE Sold Prices

Land registry data shows three sales for 38 YEW TREE 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 38 YEW 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
2017 28 APR	£350,000	£507,508	31% below HPI
2015 20 NOV	£315,000	£471,583	33% below HPI
2013 31 JUL	£247,000	£367,053	33% below HPI

38 YEW TREE 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 38 YEW TREE CLOSE sales between July 2013 and April 2017 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 2015 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2017 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 38 YEW TREE CLOSE be worth now?

38 YEW TREE CLOSE might now be worth an estimated £427,082.

This is based on house price inflation of 22%, between April 2017 and December 2024, for 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 22% inflationary increase is applied to the most recent sale price for 38 YEW TREE CLOSE of £350,000 on 28th April 2017. For the value to have increased from £350,000 to £427,082 over the six years and four months to December 2024, the following assumptions must hold true:

• The value of 38 YEW TREE CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The April 2017 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 38 YEW TREE CLOSE has not materially changed since April 2017.

How Large is 38 YEW TREE CLOSE?

38 YEW TREE CLOSE is 98m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 40% of detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chatham, and where 38 YEW TREE CLOSE lies on this distribution: 35% of detached houses houses are smaller than 38 YEW TREE CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Chatham.

38 YEW TREE CLOSE: Plot and Title Map

38 YEW TREE CLOSE sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 38 YEW 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 38 YEW 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 38 YEW TREE CLOSE?

38 YEW TREE CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 38 on YEW TREE CLOSE.