15, WOODCUT, PENENDEN HEATH, MAIDSTONE, ME14 2EQ - £465,000

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 WOODCUT is a large extended detached house of 148m², built sometime between 1950 and 1966. It was last sold for £465,000 in November 2020, which was around 4% below the average November 2020 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

15 WOODCUT Sold Prices

Land registry data shows three sales for 15 WOODCUT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the three 15 WOODCUT 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
2020 27 NOV	£465,000	£485,784	4% below HPI
2018 14 AUG	£445,000	£495,035	10% below HPI
2004 7 SEP	£272,000	£287,467	5% below HPI

15 WOODCUT 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 three 15 WOODCUT sales between September 2004 and November 2020 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 2018 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2020 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 15 WOODCUT?

15 WOODCUT is 148m², which includes two extensions, according to the EPC inspection conducted in August 2017. This puts it in the largest 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 WOODCUT lies on this distribution: 77% of detached houses are smaller than 15 WOODCUT, and 23% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

15 WOODCUT: Plot and Title Map

15 WOODCUT sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 15 WOODCUT, 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 WOODCUT). 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 WOODCUT?

15 WOODCUT is located in PENENDEN HEATH, in the ME14 postcode district. The below map shows the position of No. 15 on WOODCUT.