17, OLD SCHOOL CLOSE, LENHAM, MAIDSTONE, ME17 2HD - £182,000

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

17 OLD SCHOOL CLOSE is a very small extended detached house of 81m², built sometime between 1983 and 1990. It was last sold for £182,000 in May 2005, which was around 38% below the average May 2005 detached price in the Maidstone local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

17 OLD SCHOOL CLOSE Sold Prices

Land registry data shows two sales for 17 OLD SCHOOL CLOSE 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 17 OLD SCHOOL CLOSE 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
2005 27 MAY	£182,000	£292,556	38% below HPI
2000 27 OCT	£98,000	£190,471	49% below HPI

17 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 two 17 OLD SCHOOL CLOSE sales from October 2000 and May 2005 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 October 2000 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the May 2005 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 17 OLD SCHOOL CLOSE?

17 OLD SCHOOL CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of detached houses in Lenham, based on EPC data. The below chart shows the distribution of detached houses by size in Lenham, and where 17 OLD SCHOOL CLOSE lies on this distribution: 7% of detached houses are smaller than 17 OLD SCHOOL CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Lenham.

17 OLD SCHOOL CLOSE: Plot and Title Map

17 OLD SCHOOL CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 17 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 17 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 17 OLD SCHOOL CLOSE?

17 OLD SCHOOL CLOSE is located in LENHAM, in the ME17 postcode district. The below map shows the position of No. 17 on OLD SCHOOL CLOSE.