24, DISCOVERY ROAD, BEARSTED, MAIDSTONE, ME15 8HF - £575,000

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

24 DISCOVERY ROAD is a very large detached house of 176m², built sometime between 1996 and 2002. It was last sold for £575,000 in February 2015, which was around 48% above the average February 2015 detached price in the Maidstone local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.

24 DISCOVERY ROAD Sold Prices

Land registry data shows three sales for 24 DISCOVERY ROAD 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 24 DISCOVERY ROAD 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
2015 4 FEB	£575,000	£387,625	48% above HPI
2002 20 JUN	£399,950	£227,553	76% above HPI
2000 30 NOV	£295,000	£186,839	58% above HPI

24 DISCOVERY ROAD 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 24 DISCOVERY ROAD sales between November 2000 and February 2015 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 2002 sale was for 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the February 2015 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 24 DISCOVERY ROAD?

24 DISCOVERY ROAD is 176m² according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses in Bearsted, based on EPC data. The below chart shows the distribution of detached houses by size in Bearsted, and where 24 DISCOVERY ROAD lies on this distribution: 80% of detached houses are smaller than 24 DISCOVERY ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Bearsted.

24 DISCOVERY ROAD: Plot and Title Map

24 DISCOVERY ROAD sits on a plot of roughly 0.119 of an acre, or 483m². The below map shows the location of 24 DISCOVERY ROAD, 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 24 DISCOVERY ROAD). 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 24 DISCOVERY ROAD?

24 DISCOVERY ROAD is located in BEARSTED, in the ME15 postcode district. The below map shows the position of No. 24 on DISCOVERY ROAD.