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
11 MITCHELL CLOSE is a small extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £490,000 in March 2022, which was around 8% below the average March 2022 detached price in the Maidstone local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 11 MITCHELL CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the five 11 MITCHELL 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 16 MAR | £490,000 | £535,003 | 8% below HPI |
2016 21 OCT | £415,000 | £455,225 | 9% below HPI |
2005 21 JAN | £219,500 | £294,325 | 25% below HPI |
2000 10 NOV | £144,000 | £186,839 | 23% below HPI |
1997 7 JUL | £101,000 | £121,161 | 17% below HPI |
The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The five 11 MITCHELL CLOSE sales between July 1997 and March 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 October 2016 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the March 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.
11 MITCHELL CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 40% of detached houses in Lenham, based on EPC data. The below chart shows the distribution of detached houses by size in Lenham, and where 11 MITCHELL CLOSE lies on this distribution: 38% of detached houses are smaller than 11 MITCHELL CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Lenham.
11 MITCHELL CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 11 MITCHELL 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 11 MITCHELL 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.
11 MITCHELL CLOSE is located in LENHAM, in the ME17 postcode district. The below map shows the position of No. 11 on MITCHELL CLOSE.