15, MELFORD DRIVE, MAIDSTONE, ME16 0UN - £196,000

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

15 MELFORD DRIVE is a small detached house of 98m², built sometime between 1991 and 1995. It was last sold for £196,000 in November 2001, which was around 5% below the average November 2001 detached price in the Maidstone local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

15 MELFORD DRIVE Sold Prices

Land registry data shows two sales for 15 MELFORD DRIVE 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 15 MELFORD DRIVE sales was for below the average price, whilst the other was roughly equal to 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
2001 9 NOV	£196,000	£205,612	5% below HPI
1998 3 JUN	£134,500	£134,875	Close to HPI

15 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 two 15 MELFORD DRIVE sales from June 1998 and November 2001 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 June 1998 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2001 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 15 MELFORD DRIVE?

15 MELFORD DRIVE is 98m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 30% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 15 MELFORD DRIVE lies on this distribution: 25% of detached houses are smaller than 15 MELFORD DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

15 MELFORD DRIVE: Plot and Title Map

15 MELFORD DRIVE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 15 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 15 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 15 MELFORD DRIVE?

15 MELFORD DRIVE is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 15 on MELFORD DRIVE.