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
1 RHODEWOOD CLOSE is a small extended detached house of 107m², built sometime between 1983 and 1990. It was last sold for £562,500 in December 2022, which was around 2% below the average December 2022 detached price in the Maidstone local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 1 RHODEWOOD CLOSE since 1st 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 RHODEWOOD 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 7 DEC | £562,500 | £572,115 | 2% below HPI |
1998 18 SEP | £102,995 | £140,844 | 27% below HPI |
The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The two 1 RHODEWOOD CLOSE sales from September 1998 and December 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 September 1998 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.
1 RHODEWOOD CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% 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 RHODEWOOD CLOSE lies on this distribution: 35% of detached houses are smaller than 1 RHODEWOOD CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Maidstone.
1 RHODEWOOD CLOSE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 1 RHODEWOOD 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 RHODEWOOD 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.
1 RHODEWOOD CLOSE is located in DOWNSWOOD, in the ME15 postcode district. The below map shows the position of No. 1 on RHODEWOOD CLOSE.