2, PROVIDENCE PARK, PENENDEN HEATH, MAIDSTONE, ME14 2EZ - £720,000

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 PROVIDENCE PARK is a very large detached house of 197m². It was last sold for £720,000 in December 2020, which was around 49% above the average December 2020 detached price in the Maidstone local authority area. The most recent EPC inspection was February 2013, where the current energy rating was B, and the potential energy rating was B.

2 PROVIDENCE PARK Sold Prices

Land registry data shows three sales for 2 PROVIDENCE PARK 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. All of the three 2 PROVIDENCE PARK 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
2020 18 DEC	£720,000	£483,231	49% above HPI
2015 27 FEB	£590,000	£387,625	52% above HPI
2011 17 OCT	£540,000	£328,985	64% above HPI

2 PROVIDENCE PARK 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 PROVIDENCE PARK sales between October 2011 and December 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 February 2015 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the December 2020 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 2 PROVIDENCE PARK?

2 PROVIDENCE PARK is 197m² according to the EPC inspection conducted in February 2013. This puts it in the largest 10% 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 PROVIDENCE PARK lies on this distribution: 94% of detached houses are smaller than 2 PROVIDENCE PARK, and 6% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

2 PROVIDENCE PARK: Plot and Title Map

2 PROVIDENCE PARK sits on a plot of roughly 0.118 of an acre, or 479m². The below map shows the location of 2 PROVIDENCE PARK, 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 PROVIDENCE PARK). 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 PROVIDENCE PARK?

2 PROVIDENCE PARK is located in PENENDEN HEATH, in the ME14 postcode district. The below map shows the position of No. 2 on PROVIDENCE PARK.