1, WADES CLOSE, MARDEN, TONBRIDGE, TN12 9AW - £956,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 WADES CLOSE is a very large detached house of 180m², built sometime between 1991 and 1995, which could now be worth an estimated £967,266. It was last sold for £956,500 in October 2022, which was around 52% above the average October 2022 detached price in the Maidstone local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

1 WADES CLOSE Sold Prices

Land registry data shows four sales for 1 WADES CLOSE since 1^st 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 WADES CLOSE sales 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
2022 20 OCT	£956,500	£627,851	52% above HPI
2011 28 APR	£620,000	£359,890	72% above HPI
2001 15 JAN	£330,000	£205,151	61% above HPI
1999 29 JUN	£292,000	£162,505	80% above HPI

1 WADES 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 four 1 WADES CLOSE sales between June 1999 and October 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 April 2011 sale was for 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the October 2022 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

What might 1 WADES CLOSE be worth now?

1 WADES CLOSE might now be worth an estimated £967,266.

This is based on house price inflation of 1.1%, between October 2022 and February 2025, for detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.1% inflationary increase is applied to the most recent sale price for 1 WADES CLOSE of £956,500 on 20th October 2022. For the value to have increased from £956,500 to £967,266 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 1 WADES CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The October 2022 sale price of £956,500 represented a fair market value for the property.
• The size, condition, and specification of 1 WADES CLOSE has not materially changed since October 2022.

How Large is 1 WADES CLOSE?

1 WADES CLOSE is 180m² according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses houses in Marden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marden, and where 1 WADES CLOSE lies on this distribution: 89% of detached houses houses are smaller than 1 WADES CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Marden.

1 WADES CLOSE: Plot and Title Map

1 WADES CLOSE sits on a plot of roughly 0.242 of an acre, or 980m². The below map shows the location of 1 WADES 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 WADES 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 WADES CLOSE?

1 WADES CLOSE is located in MARDEN, in the TN12 postcode district. The below map shows the position of No. 1 on WADES CLOSE.