7, RIVERS CLOSE, WATERINGBURY, MAIDSTONE, ME18 5RP - £270,000

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

7 RIVERS CLOSE is a very small detached house of 72m², built sometime between 1996 and 2002. It was last sold for £270,000 in July 2012, which was around 35% below the average July 2012 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

7 RIVERS CLOSE Sold Prices

Land registry data shows three sales for 7 RIVERS 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 7 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
2012 6 JUL	£270,000	£412,825	35% below HPI
2003 9 OCT	£199,950	£314,841	36% below HPI
1998 25 JUN	£110,000	£160,017	31% below HPI

7 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 three 7 RIVERS CLOSE sales between June 1998 and July 2012 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 October 2003 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2012 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 7 RIVERS CLOSE?

7 RIVERS CLOSE is 72m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 10% of detached houses in Wateringbury, based on EPC data. The below chart shows the distribution of detached houses by size in Wateringbury, and where 7 RIVERS CLOSE lies on this distribution: 2% of detached houses are smaller than 7 RIVERS CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Wateringbury.

7 RIVERS CLOSE: Plot and Title Map

7 RIVERS CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 7 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 7 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 7 RIVERS CLOSE?

7 RIVERS CLOSE is located in WATERINGBURY, in the ME18 postcode district. The below map shows the position of No. 7 on RIVERS CLOSE.