2, THE OLD SCHOOL, SOUTH STREET, BARMING, MAIDSTONE, ME16 9EY - £475,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 THE OLD SCHOOL is a midsized extended detached house of 115m², built sometime between 1996 and 2002. It was last sold for £475,000 in March 2021, which was about the average March 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

2 THE OLD SCHOOL Sold Prices

Land registry data shows two sales for 2 THE OLD SCHOOL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. One of the two 2 THE OLD SCHOOL sales was roughly equal to the average price, whilst the other 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
2021 22 MAR	£475,000	£477,159	Close to HPI
1995 1 DEC	£129,500	£109,012	19% above HPI

2 THE OLD SCHOOL 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 two 2 THE OLD SCHOOL sales from December 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 December 1995 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the March 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 2 THE OLD SCHOOL?

2 THE OLD SCHOOL is 115m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 50% 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 THE OLD SCHOOL lies on this distribution: 45% of detached houses are smaller than 2 THE OLD SCHOOL, and 55% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

2 THE OLD SCHOOL: Plot and Title Map

2 THE OLD SCHOOL sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 2 THE OLD SCHOOL, 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 OLD SCHOOL). 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 OLD SCHOOL?

2 THE OLD SCHOOL is located on SOUTH STREET in BARMING, in the ME16 postcode district. The below map shows the position of 2 THE OLD SCHOOL on SOUTH STREET.