5, RIVERS CLOSE, WATERINGBURY, MAIDSTONE, ME18 5RP - £526,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 RIVERS CLOSE is a midsized extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £526,000 in April 2021, which was around 16% below the average April 2021 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

5 RIVERS CLOSE Sold Prices

Land registry data shows four sales for 5 RIVERS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. All of the four 5 RIVERS 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
2021 8 APR	£526,000	£628,951	16% below HPI
2011 14 FEB	£360,000	£406,257	11% below HPI
2003 15 AUG	£305,000	£320,481	5% below HPI
1998 17 JUN	£157,000	£160,017	2% below HPI

5 RIVERS 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 four 5 RIVERS CLOSE sales between June 1998 and April 2021 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 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 5 RIVERS CLOSE?

5 RIVERS CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses in Wateringbury, based on EPC data. The below chart shows the distribution of detached houses by size in Wateringbury, and where 5 RIVERS CLOSE lies on this distribution: 49% of detached houses are smaller than 5 RIVERS CLOSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Wateringbury.

5 RIVERS CLOSE: Plot and Title Map

5 RIVERS CLOSE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 5 RIVERS 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 5 RIVERS 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 5 RIVERS CLOSE?

5 RIVERS CLOSE is located in WATERINGBURY, in the ME18 postcode district. The below map shows the position of No. 5 on RIVERS CLOSE.