1, BASMERE CLOSE, MAIDSTONE, ME14 5QN - £350,000

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

1 BASMERE CLOSE is a large extended detached house of 141m², built sometime between 1967 and 1975. It was last sold for £350,000 in April 2015, which was around 11% below the average April 2015 detached price in the Maidstone local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

1 BASMERE CLOSE Sold Prices

Land registry data shows two sales for 1 BASMERE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. Both of the two 1 BASMERE 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
2015 10 APR	£350,000	£393,933	11% below HPI
1997 28 FEB	£103,000	£114,740	10% below HPI

1 BASMERE 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 two 1 BASMERE CLOSE sales from February 1997 and April 2015 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 1997 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2015 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 1 BASMERE CLOSE?

1 BASMERE CLOSE is 141m², which includes four extensions, according to the EPC inspection conducted in February 2015. This puts it in the largest 30% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 1 BASMERE CLOSE lies on this distribution: 73% of detached houses are smaller than 1 BASMERE CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

1 BASMERE CLOSE: Plot and Title Map

1 BASMERE CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 1 BASMERE 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 1 BASMERE 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 1 BASMERE CLOSE?

1 BASMERE CLOSE is located in MAIDSTONE, in the ME14 postcode district. The below map shows the position of No. 1 on BASMERE CLOSE.