6, FERNBANK CLOSE, CHATHAM, ME5 9NH - £295,000

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

6 FERNBANK CLOSE is a large extended detached house of 127m², built sometime between 1976 and 1982. It was last sold for £295,000 in September 2011, which was around 26% below the average September 2011 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

6 FERNBANK CLOSE Sold Prices

Land registry data shows three sales for 6 FERNBANK 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 Tonbridge and Malling local authority area for the corresponding sale date. All of the three 6 FERNBANK 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
2011 2 SEP	£295,000	£398,263	26% below HPI
2001 27 NOV	£196,000	£239,699	18% below HPI
2000 12 APR	£165,000	£201,776	18% below HPI

6 FERNBANK 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 three 6 FERNBANK CLOSE sales between April 2000 and September 2011 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 2001 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2011 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 6 FERNBANK CLOSE be worth now?

6 FERNBANK CLOSE might now be worth an estimated £498,429.

This is based on house price inflation of 69%, between September 2011 and December 2024, 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 69% inflationary increase is applied to the most recent sale price for 6 FERNBANK CLOSE of £295,000 on 2nd September 2011. For the value to have increased from £295,000 to £498,429 over the twelve years and nine months to December 2024, the following assumptions must hold true:

• The value of 6 FERNBANK CLOSE has moved in line with the HPI for detached houses in the Tonbridge and Malling local authority area.
• The September 2011 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 6 FERNBANK CLOSE has not materially changed since September 2011.

How Large is 6 FERNBANK CLOSE?

6 FERNBANK CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the largest 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 6 FERNBANK CLOSE lies on this distribution: 66% of detached houses houses are smaller than 6 FERNBANK CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Chatham.

6 FERNBANK CLOSE: Plot and Title Map

6 FERNBANK CLOSE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 6 FERNBANK 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 6 FERNBANK 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 6 FERNBANK CLOSE?

6 FERNBANK CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 6 on FERNBANK CLOSE.