2, MERCER DRIVE, HARRIETSHAM, MAIDSTONE, ME17 1AY - £431,500

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 MERCER DRIVE is a very small detached house of 90m², built sometime between 1950 and 1966. It was last sold for £431,500 in July 2020, which was around 11% below the average July 2020 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 MERCER DRIVE Sold Prices

Land registry data shows three sales for 2 MERCER DRIVE 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. Two of the three 2 MERCER DRIVE sales were for below the average price, whilst one was 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
2020 24 JUL	£431,500	£485,194	11% below HPI
2012 16 MAY	£315,000	£327,053	4% below HPI
1996 18 NOV	£128,000	£109,079	17% above HPI

2 MERCER DRIVE 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 2 MERCER DRIVE sales between November 1996 and July 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 May 2012 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 MERCER DRIVE?

2 MERCER DRIVE is 90m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 20% of detached houses in Harrietsham, based on EPC data. The below chart shows the distribution of detached houses by size in Harrietsham, and where 2 MERCER DRIVE lies on this distribution: 16% of detached houses are smaller than 2 MERCER DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Harrietsham.

2 MERCER DRIVE: Plot and Title Map

2 MERCER DRIVE sits on a plot of roughly 0.217 of an acre, or 880m². The below map shows the location of 2 MERCER DRIVE, 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 MERCER DRIVE). 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 MERCER DRIVE?

2 MERCER DRIVE is located in HARRIETSHAM, in the ME17 postcode district. The below map shows the position of No. 2 on MERCER DRIVE.