2, BUTTON LANE, BEARSTED, MAIDSTONE, ME15 8NJ - £285,000

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

2 BUTTON LANE is a very small detached house of 76m², built sometime between 1983 and 1990. It was last sold for £285,000 in May 2011, which was around 9% below the average May 2011 detached price in the Maidstone local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

2 BUTTON LANE Sold Prices

Land registry data shows two sales for 2 BUTTON 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 2 BUTTON LANE 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
2011 20 MAY	£285,000	£313,656	9% below HPI
2008 31 OCT	£300,000	£318,004	6% below HPI

2 BUTTON 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 2 BUTTON LANE sales from October 2008 and May 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 October 2008 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2011 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 BUTTON LANE?

2 BUTTON LANE is 76m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% of detached houses in Bearsted, based on EPC data. The below chart shows the distribution of detached houses by size in Bearsted, and where 2 BUTTON LANE lies on this distribution: 7% of detached houses are smaller than 2 BUTTON LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Bearsted.

2 BUTTON LANE: Plot and Title Map

2 BUTTON LANE sits on a plot of roughly 0.117 of an acre, or 473m². The below map shows the location of 2 BUTTON 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 2 BUTTON 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 2 BUTTON LANE?

2 BUTTON LANE is located in BEARSTED, in the ME15 postcode district. The below map shows the position of No. 2 on BUTTON LANE.