14, OLD SCHOOL CLOSE, LENHAM, MAIDSTONE, ME17 2HD - £435,000

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

14 OLD SCHOOL CLOSE is a very small detached house of 95m², built sometime between 1996 and 2002. It was last sold for £435,000 in April 2017, which was around 5% below the average April 2017 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

14 OLD SCHOOL CLOSE Sold Prices

Land registry data shows four sales for 14 OLD SCHOOL 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. two of the four 14 OLD SCHOOL CLOSE sales were for below the average price, and four 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
2017 12 APR	£435,000	£457,559	5% below HPI
2010 3 DEC	£343,000	£328,837	4% above HPI
2005 12 SEP	£300,000	£307,875	3% below HPI
2003 12 SEP	£285,000	£269,963	6% above HPI

14 OLD SCHOOL 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 14 OLD SCHOOL CLOSE sales between September 2003 and April 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 2010 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2017 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 14 OLD SCHOOL CLOSE?

14 OLD SCHOOL CLOSE is 95m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses in Lenham, based on EPC data. The below chart shows the distribution of detached houses by size in Lenham, and where 14 OLD SCHOOL CLOSE lies on this distribution: 17% of detached houses are smaller than 14 OLD SCHOOL CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Lenham.

14 OLD SCHOOL CLOSE: Plot and Title Map

14 OLD SCHOOL CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 14 OLD SCHOOL 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 14 OLD SCHOOL 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 14 OLD SCHOOL CLOSE?

14 OLD SCHOOL CLOSE is located in LENHAM, in the ME17 postcode district. The below map shows the position of No. 14 on OLD SCHOOL CLOSE.