12, MELFORD DRIVE, MAIDSTONE, ME16 0UN - £320,000

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

12 MELFORD DRIVE is a midsized detached house of 125m², built sometime between 1991 and 1995. It was last sold for £320,000 in June 2013, which was around 1% below the average June 2013 detached price in the Maidstone local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

12 MELFORD DRIVE Sold Prices

Land registry data shows four sales for 12 MELFORD DRIVE 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. Most of the four 12 MELFORD DRIVE 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
2013 27 JUN	£320,000	£322,959	1% below HPI
2007 24 AUG	£313,000	£351,779	11% below HPI
2004 11 JUN	£272,500	£286,030	5% below HPI
1998 30 APR	£138,000	£130,818	5% above HPI

12 MELFORD DRIVE 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 12 MELFORD DRIVE sales between April 1998 and June 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 August 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2013 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 12 MELFORD DRIVE?

12 MELFORD DRIVE is 125m² according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 12 MELFORD DRIVE lies on this distribution: 58% of detached houses are smaller than 12 MELFORD DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

12 MELFORD DRIVE: Plot and Title Map

12 MELFORD DRIVE sits on a plot of roughly 0.072 of an acre, or 292m². The below map shows the location of 12 MELFORD DRIVE, 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 12 MELFORD DRIVE). 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 12 MELFORD DRIVE?

12 MELFORD DRIVE is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 12 on MELFORD DRIVE.