2, TEASEL CLOSE, WEAVERING, MAIDSTONE, ME14 5FN - £462,500

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 TEASEL CLOSE is a small detached house of 101m², built sometime between 1996 and 2002. It was last sold for £462,500 in February 2020, which was around 2% below the average February 2020 detached price in the Maidstone local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

2 TEASEL CLOSE Sold Prices

Land registry data shows three sales for 2 TEASEL CLOSE 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. One of the three 2 TEASEL CLOSE sales was for below the average price, whilst two 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 6 FEB	£462,500	£473,709	2% below HPI
2006 31 JUL	£320,000	£314,185	2% above HPI
1997 25 APR	£125,000	£116,351	7% above HPI

2 TEASEL 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 three 2 TEASEL CLOSE sales between April 1997 and February 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 July 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2020 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 2 TEASEL CLOSE?

2 TEASEL CLOSE is 101m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 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 TEASEL CLOSE lies on this distribution: 28% of detached houses are smaller than 2 TEASEL CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

2 TEASEL CLOSE: Plot and Title Map

2 TEASEL CLOSE sits on a plot of roughly 0.088 of an acre, or 355m². The below map shows the location of 2 TEASEL 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 TEASEL 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 TEASEL CLOSE?

2 TEASEL CLOSE is located in WEAVERING, in the ME14 postcode district. The below map shows the position of No. 2 on TEASEL CLOSE.