1A, RINGWOOD ROAD, MAIDSTONE, ME15 7EG - £315,000

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

1A RINGWOOD ROAD is a small extended detached house of 94m², built sometime between 1930 and 1949. It was last sold for £315,000 in May 2016, which was around 28% below the average May 2016 detached price in the Maidstone local authority area. The most recent EPC inspection was February 2010, where the current energy rating was E, and the potential energy rating was D.

1A RINGWOOD ROAD Sold Prices

Land registry data shows two sales for 1A RINGWOOD ROAD 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 1A RINGWOOD ROAD 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
2016 13 MAY	£315,000	£436,884	28% below HPI
2012 20 DEC	£187,500	£325,892	42% below HPI

1A RINGWOOD ROAD 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 1A RINGWOOD ROAD sales from December 2012 and May 2016 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 2012 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2016 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 1A RINGWOOD ROAD?

1A RINGWOOD ROAD is 94m², which includes one extension, according to the EPC inspection conducted in February 2010. 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 1A RINGWOOD ROAD lies on this distribution: 22% of detached houses are smaller than 1A RINGWOOD ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

1A RINGWOOD ROAD: Plot and Title Map

1A RINGWOOD ROAD sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 1A RINGWOOD ROAD, 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 1A RINGWOOD ROAD). 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 1A RINGWOOD ROAD?

1A RINGWOOD ROAD is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 1A on RINGWOOD ROAD.