22, THE CHERRIES, MAIDSTONE, ME16 9DJ - £292,500

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

22 THE CHERRIES is a small extended detached house of 92m², built sometime between 1950 and 1966. It was last sold for £292,500 in August 2014, which was around 21% below the average August 2014 detached price in the Maidstone local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

22 THE CHERRIES Sold Prices

Land registry data shows four sales for 22 THE CHERRIES 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 22 THE CHERRIES sales were for below 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
2014 7 AUG	£292,500	£370,472	21% below HPI
2005 21 JUL	£247,000	£302,510	18% below HPI
2002 28 NOV	£194,000	£250,407	23% below HPI
1995 27 OCT	£83,250	£106,386	22% below HPI

22 THE CHERRIES 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 22 THE CHERRIES sales between October 1995 and August 2014 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 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2014 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 22 THE CHERRIES?

22 THE CHERRIES is 92m², which includes one extension, according to the EPC inspection conducted in January 2014. 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 22 THE CHERRIES lies on this distribution: 20% of detached houses are smaller than 22 THE CHERRIES, and 79% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

22 THE CHERRIES: Plot and Title Map

22 THE CHERRIES sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 22 THE CHERRIES, 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 22 THE CHERRIES). 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 22 THE CHERRIES?

22 THE CHERRIES is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 22 on THE CHERRIES.