2, THE OAKS, SUTTON VALENCE, MAIDSTONE, ME17 3GJ - £1,050,000

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 THE OAKS is a very large detached house of 225m². It was last sold for £1,050,000 in February 2021, which was around 118% above the average February 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was January 2018, where the current energy rating was B, and the potential energy rating was B.

2 THE OAKS Sold Prices

Land registry data shows three sales for 2 THE OAKS 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 THE OAKS 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 23 FEB	£1,050,000	£482,613	118% above HPI
2018 30 NOV	£950,000	£492,660	93% above HPI
2006 10 NOV	£499,950	£324,410	54% above HPI

2 THE OAKS 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 THE OAKS sales between November 2006 and February 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 November 2018 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the February 2021 sale, where it rises to 118% above the HPI. The line then continues to track at 118% above the HPI.

How Large is 2 THE OAKS?

2 THE OAKS is 225m² according to the EPC inspection conducted in January 2018. This puts it in the largest 20% of detached houses in Warmlake, based on EPC data. The below chart shows the distribution of detached houses by size in Warmlake, and where 2 THE OAKS lies on this distribution: 84% of detached houses are smaller than 2 THE OAKS, and 14% of houses are larger. Note that EPC data is not available for all properties in Warmlake.

2 THE OAKS: Plot and Title Map

2 THE OAKS sits on a plot of roughly 0.296 of an acre, or 1,198m². The below map shows the location of 2 THE OAKS, 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 THE OAKS). 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 THE OAKS?

2 THE OAKS is located in SUTTON VALENCE, in the ME17 postcode district. The below map shows the position of No. 2 on THE OAKS.