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 MITCHELL CLOSE is a very small extended detached house of 86m², built sometime between 1991 and 1995. It was last sold for £359,995 in March 2021, which was around 25% below the average March 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 MITCHELL CLOSE since 1st 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. All of the three 2 MITCHELL 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 |
---|---|---|---|
2021 18 MAR | £359,995 | £477,159 | 25% below HPI |
2003 2 OCT | £223,000 | £271,370 | 18% below HPI |
1995 28 MAR | £90,250 | £106,822 | 16% below HPI |
The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The three 2 MITCHELL CLOSE sales between March 1995 and March 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 October 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
2 MITCHELL CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Lenham, based on EPC data. The below chart shows the distribution of detached houses by size in Lenham, and where 2 MITCHELL CLOSE lies on this distribution: 13% of detached houses are smaller than 2 MITCHELL CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Lenham.
2 MITCHELL CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 2 MITCHELL 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 MITCHELL 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.
2 MITCHELL CLOSE is located in LENHAM, in the ME17 postcode district. The below map shows the position of No. 2 on MITCHELL CLOSE.