21, TOWER LANE, BEARSTED, MAIDSTONE, ME14 4JH - £530,000

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

21 TOWER LANE is a large extended detached house of 148m², built sometime between 1930 and 1949. It was last sold for £530,000 in May 2017, which was around 16% above the average May 2017 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

21 TOWER LANE Sold Prices

Land registry data shows four sales for 21 TOWER LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the four 21 TOWER LANE 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
2017 12 MAY	£530,000	£457,339	16% above HPI
2011 20 JUN	£435,000	£314,532	38% above HPI
2001 13 JUL	£250,000	£198,676	26% above HPI
1997 30 APR	£130,000	£116,351	12% above HPI

21 TOWER LANE 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 four 21 TOWER LANE sales between April 1997 and May 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 June 2011 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the May 2017 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 21 TOWER LANE?

21 TOWER LANE is 148m², which includes three extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 40% of detached houses in Bearsted, based on EPC data. The below chart shows the distribution of detached houses by size in Bearsted, and where 21 TOWER LANE lies on this distribution: 66% of detached houses are smaller than 21 TOWER LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Bearsted.

21 TOWER LANE: Plot and Title Map

21 TOWER LANE sits on a plot of roughly 0.151 of an acre, or 610m². The below map shows the location of 21 TOWER LANE, 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 TOWER LANE). 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 TOWER LANE?

21 TOWER LANE is located in BEARSTED, in the ME14 postcode district. The below map shows the position of No. 21 on TOWER LANE.