8, CINNABAR CLOSE, CHATHAM, ME5 9PF - £375,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 CINNABAR CLOSE is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £375,000 in March 2022, which was around 30% below the average March 2022 detached price in the Maidstone local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

8 CINNABAR CLOSE Sold Prices

Land registry data shows four sales for 8 CINNABAR 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 Maidstone local authority area for the corresponding sale date. All of the four 8 CINNABAR 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
2022 23 MAR	£375,000	£535,003	30% below HPI
2014 17 APR	£244,000	£361,297	32% below HPI
2009 16 JAN	£195,000	£296,215	34% below HPI
2000 25 AUG	£125,000	£184,213	32% below HPI

8 CINNABAR 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 four 8 CINNABAR CLOSE sales between August 2000 and March 2022 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 April 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 8 CINNABAR CLOSE?

8 CINNABAR CLOSE is 75m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 8 CINNABAR CLOSE lies on this distribution: 11% of detached houses are smaller than 8 CINNABAR CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Chatham.

8 CINNABAR CLOSE: Plot and Title Map

8 CINNABAR CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 8 CINNABAR 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 8 CINNABAR 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 8 CINNABAR CLOSE?

8 CINNABAR CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 8 on CINNABAR CLOSE.