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

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.

5 RIVERS CLOSE is a midsized extended detached house of 119m², built sometime between 1996 and 2002, which could now be worth an estimated £594,150. It was last sold for £526,000 in April 2021, which was around 14% 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. Most 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	£609,424	14% below HPI
2011 14 FEB	£360,000	£393,644	9% below HPI
2003 15 AUG	£305,000	£310,531	2% below HPI
1998 17 JUN	£157,000	£155,049	1% above 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 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 RIVERS CLOSE be worth now?

5 RIVERS CLOSE might now be worth an estimated £594,150.

This is based on house price inflation of 13%, between April 2021 and February 2025, for detached houses, in the Tonbridge and Malling local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13% inflationary increase is applied to the most recent sale price for 5 RIVERS CLOSE of £526,000 on 8th April 2021. For the value to have increased from £526,000 to £594,150 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 5 RIVERS CLOSE has moved in line with the HPI for detached houses in the Tonbridge and Malling local authority area.
• The April 2021 sale price of £526,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RIVERS CLOSE has not materially changed since April 2021.

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 houses in Wateringbury, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wateringbury, and where 5 RIVERS CLOSE lies on this distribution: 49% of detached houses 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.