21, MELROSE CLOSE, MAIDSTONE, ME15 6BD - £298,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

21 MELROSE CLOSE is a midsized semi-detached house of 115m², which could now be worth an estimated £362,171. It was last sold for £298,000 in November 2017, which was around 6% below the average November 2017 semi-detached price in the Maidstone local authority area. The most recent EPC inspection was July 2010, where the current energy rating was B, and the potential energy rating was B.

21 MELROSE CLOSE Sold Prices

Land registry data shows two sales for 21 MELROSE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Maidstone local authority area for the corresponding sale date. One of the two 21 MELROSE CLOSE sales was for below 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
2017 24 NOV	£298,000	£316,401	6% below HPI
2010 7 MAY	£221,350	£214,154	3% above HPI

21 MELROSE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maidstone local authority area over time, sourced from the HPI. The two 21 MELROSE CLOSE sales from May 2010 and November 2017 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 May 2010 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2017 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 21 MELROSE CLOSE be worth now?

21 MELROSE CLOSE might now be worth an estimated £362,171.

This is based on house price inflation of 21.5%, between November 2017 and March 2025, for semi-detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.5% inflationary increase is applied to the most recent sale price for 21 MELROSE CLOSE of £298,000 on 24th November 2017. For the value to have increased from £298,000 to £362,171 over the eight years and eight months to March 2025, the following assumptions must hold true:

• The value of 21 MELROSE CLOSE has moved in line with the HPI for semi-detached houses in the Maidstone local authority area.
• The November 2017 sale price of £298,000 represented a fair market value for the property.
• The size, condition, and specification of 21 MELROSE CLOSE has not materially changed since November 2017.

How Large is 21 MELROSE CLOSE?

21 MELROSE CLOSE is 115m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 50% of semi-detached houses houses in Maidstone, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Maidstone, and where 21 MELROSE CLOSE lies on this distribution: 46% of semi-detached houses houses are smaller than 21 MELROSE CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

21 MELROSE CLOSE: Plot and Title Map

21 MELROSE CLOSE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 21 MELROSE 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 21 MELROSE 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 21 MELROSE CLOSE?

21 MELROSE CLOSE is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 21 on MELROSE CLOSE.