29, HALFPENNY CLOSE, MAIDSTONE, ME16 9AJ - £265,000

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

29 HALFPENNY CLOSE is a very small extended detached house of 86m², built sometime between 1991 and 1995. It was last sold for £265,000 in January 2010, which was around 18% below the average January 2010 detached price in the Maidstone local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

29 HALFPENNY CLOSE Sold Prices

Land registry data shows four sales for 29 HALFPENNY CLOSE 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 29 HALFPENNY CLOSE 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
2010 29 JAN	£265,000	£322,476	18% below HPI
2006 28 APR	£275,000	£308,690	11% below HPI
1999 13 AUG	£129,000	£148,720	13% below HPI
1995 5 JAN	£109,950	£106,061	4% above HPI

29 HALFPENNY CLOSE 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 29 HALFPENNY CLOSE sales between January 1995 and January 2010 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 April 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2010 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 29 HALFPENNY CLOSE?

29 HALFPENNY CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 20% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 29 HALFPENNY CLOSE lies on this distribution: 15% of detached houses are smaller than 29 HALFPENNY CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

29 HALFPENNY CLOSE: Plot and Title Map

29 HALFPENNY CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 29 HALFPENNY 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 29 HALFPENNY 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 29 HALFPENNY CLOSE?

29 HALFPENNY CLOSE is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 29 on HALFPENNY CLOSE.