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 RINGWOOD ROAD is a small extended detached house of 111m², built sometime between 1930 and 1949. It was last sold for £450,000 in September 2017, which was around 6% below the average September 2017 detached price in the Maidstone local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 1 RINGWOOD ROAD since 1st 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 1 RINGWOOD ROAD 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 |
---|---|---|---|
2017 1 SEP | £450,000 | £478,659 | 6% below HPI |
2015 8 DEC | £415,000 | £424,273 | 2% below HPI |
2006 14 JUL | £263,000 | £314,185 | 16% below HPI |
1999 30 JUN | £110,000 | £146,511 | 25% below HPI |
The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The four 1 RINGWOOD ROAD sales between June 1999 and September 2017 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 December 2015 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2017 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.
1 RINGWOOD ROAD is 111m², which includes three extensions, according to the EPC inspection conducted in March 2015. 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 RINGWOOD ROAD lies on this distribution: 39% of detached houses are smaller than 1 RINGWOOD ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Maidstone.
1 RINGWOOD ROAD sits on a plot of roughly 0.126 of an acre, or 512m². The below map shows the location of 1 RINGWOOD ROAD, 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 RINGWOOD ROAD). 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 RINGWOOD ROAD is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 1 on RINGWOOD ROAD.