2, GREYFRIARS CLOSE, MAIDSTONE, ME16 0GS - £600,000

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 GREYFRIARS CLOSE is a large extended detached house of 143m², built sometime between 1991 and 1995. It was last sold for £600,000 in October 2021, which was around 20% above the average October 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

2 GREYFRIARS CLOSE Sold Prices

Land registry data shows two sales for 2 GREYFRIARS 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 2 GREYFRIARS CLOSE 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
2021 28 OCT	£600,000	£501,614	20% above HPI
2003 24 SEP	£330,000	£269,963	22% above HPI

2 GREYFRIARS 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 2 GREYFRIARS CLOSE sales from September 2003 and October 2021 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 September 2003 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the October 2021 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 2 GREYFRIARS CLOSE?

2 GREYFRIARS CLOSE is 143m², which includes one extension, according to the EPC inspection conducted in October 2020. 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 2 GREYFRIARS CLOSE lies on this distribution: 74% of detached houses are smaller than 2 GREYFRIARS CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

2 GREYFRIARS CLOSE: Plot and Title Map

2 GREYFRIARS CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 2 GREYFRIARS 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 2 GREYFRIARS 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 2 GREYFRIARS CLOSE?

2 GREYFRIARS CLOSE is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 2 on GREYFRIARS CLOSE.