15, TOWER LANE, BEARSTED, MAIDSTONE, ME14 4JH - £480,000

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 TOWER LANE is a small detached house of 97m², built sometime between 1976 and 1982. It was last sold for £480,000 in August 2011, which was around 49% above the average August 2011 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

15 TOWER LANE Sold Prices

Land registry data shows two sales for 15 TOWER LANE 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. Both of the two 15 TOWER LANE 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
2011 11 AUG	£480,000	£322,888	49% above HPI
1996 24 MAY	£131,000	£104,929	25% above HPI

15 TOWER LANE 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 TOWER LANE sales from May 1996 and August 2011 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 May 1996 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2011 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 15 TOWER LANE?

15 TOWER LANE is 97m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 30% of detached houses in Bearsted, based on EPC data. The below chart shows the distribution of detached houses by size in Bearsted, and where 15 TOWER LANE lies on this distribution: 25% of detached houses are smaller than 15 TOWER LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Bearsted.

15 TOWER LANE: Plot and Title Map

15 TOWER LANE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 15 TOWER LANE, 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 TOWER LANE). 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 TOWER LANE?

15 TOWER LANE is located in BEARSTED, in the ME14 postcode district. The below map shows the position of No. 15 on TOWER LANE.