27, WOODCUT, PENENDEN HEATH, MAIDSTONE, ME14 2EQ - £340,000

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

27 WOODCUT is a midsized extended detached house of 121m², built sometime between 1950 and 1966. It was last sold for £340,000 in November 2009, which was around 6% above the average November 2009 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2009, where the current energy rating was E, and the potential energy rating was C.

27 WOODCUT Sold Prices

Land registry data shows four sales for 27 WOODCUT 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. Most of the four 27 WOODCUT 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
2009 27 NOV	£340,000	£320,477	6% above HPI
2007 2 MAR	£319,000	£324,270	2% below HPI
2005 9 NOV	£300,000	£302,622	1% below HPI
1997 28 NOV	£85,000	£128,131	34% below HPI

27 WOODCUT 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 27 WOODCUT sales between November 1997 and November 2009 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 March 2007 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2009 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 27 WOODCUT?

27 WOODCUT is 121m², which includes one extension, according to the EPC inspection conducted in August 2009. This puts it in the largest 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 27 WOODCUT lies on this distribution: 53% of detached houses are smaller than 27 WOODCUT, and 47% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

27 WOODCUT: Plot and Title Map

27 WOODCUT sits on a plot of roughly 0.219 of an acre, or 888m². The below map shows the location of 27 WOODCUT, 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 27 WOODCUT). 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 27 WOODCUT?

27 WOODCUT is located in PENENDEN HEATH, in the ME14 postcode district. The below map shows the position of No. 27 on WOODCUT.