1, TEASEL CLOSE, WEAVERING, MAIDSTONE, ME14 5FN - £387,500

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 TEASEL CLOSE is a large extended detached house of 129m², built sometime between 1996 and 2002. It was last sold for £387,500 in September 2013, which was around 13% above the average September 2013 detached price in the Maidstone local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

1 TEASEL CLOSE Sold Prices

Land registry data shows two sales for 1 TEASEL 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. One of the two 1 TEASEL CLOSE sales was for above the average price, whilst the other was 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
2013 12 SEP	£387,500	£342,184	13% above HPI
1997 16 APR	£45,000	£116,351	61% below HPI

1 TEASEL 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 TEASEL CLOSE sales from April 1997 and September 2013 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 1997 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the September 2013 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 1 TEASEL CLOSE?

1 TEASEL CLOSE is 129m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 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 TEASEL CLOSE lies on this distribution: 63% of detached houses are smaller than 1 TEASEL CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

1 TEASEL CLOSE: Plot and Title Map

1 TEASEL CLOSE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 1 TEASEL 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 TEASEL 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 TEASEL CLOSE?

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