1, OLD SCHOOL CLOSE, LENHAM, MAIDSTONE, ME17 2HD - £365,000

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 OLD SCHOOL CLOSE is a very small extended detached house of 96m², built sometime between 1991 and 1995. It was last sold for £365,000 in December 2015, which was around 14% below the average December 2015 detached price in the Maidstone local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

1 OLD SCHOOL CLOSE Sold Prices

Land registry data shows three sales for 1 OLD SCHOOL 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 Maidstone local authority area for the corresponding sale date. One of the three 1 OLD SCHOOL CLOSE sales was for below the average price, whilst two were for above 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 4 DEC	£365,000	£424,273	14% below HPI
2001 30 MAR	£204,950	£192,175	7% above HPI
1995 11 MAR	£110,000	£106,822	3% above HPI

1 OLD SCHOOL 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 three 1 OLD SCHOOL CLOSE sales between March 1995 and December 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 March 2001 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the December 2015 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 1 OLD SCHOOL CLOSE?

1 OLD SCHOOL CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses in Lenham, based on EPC data. The below chart shows the distribution of detached houses by size in Lenham, and where 1 OLD SCHOOL CLOSE lies on this distribution: 18% of detached houses are smaller than 1 OLD SCHOOL CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Lenham.

1 OLD SCHOOL CLOSE: Plot and Title Map

1 OLD SCHOOL CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 1 OLD SCHOOL 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 OLD SCHOOL 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 OLD SCHOOL CLOSE?

1 OLD SCHOOL CLOSE is located in LENHAM, in the ME17 postcode district. The below map shows the position of No. 1 on OLD SCHOOL CLOSE.