3, DISCOVERY ROAD, BEARSTED, MAIDSTONE, ME15 8HF - £460,000

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

3 DISCOVERY ROAD is a midsized detached house of 126m², built sometime between 1996 and 2002. It was last sold for £460,000 in January 2017, which was about the average January 2017 detached price in the Maidstone local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

3 DISCOVERY ROAD Sold Prices

Land registry data shows four sales for 3 DISCOVERY ROAD 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. The four 3 DISCOVERY ROAD sales were a mix of roughly equal to the average price, and 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
2017 27 JAN	£460,000	£461,168	Close to HPI
2015 23 OCT	£425,000	£424,475	Close to HPI
2005 7 DEC	£297,500	£296,539	Close to HPI
2001 14 MAR	£175,000	£192,175	9% below HPI

3 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 four 3 DISCOVERY ROAD sales between March 2001 and January 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 October 2015 sale roughly matched the HPI. So the extrapolation line tracks in line HPI over time, until the January 2017 sale, which was also at roughly the same level as the HPI.

How Large is 3 DISCOVERY ROAD?

3 DISCOVERY ROAD is 126m² according to the EPC inspection conducted in April 2015. This puts it in the largest 50% of detached houses in Bearsted, based on EPC data. The below chart shows the distribution of detached houses by size in Bearsted, and where 3 DISCOVERY ROAD lies on this distribution: 49% of detached houses are smaller than 3 DISCOVERY ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Bearsted.

3 DISCOVERY ROAD: Plot and Title Map

3 DISCOVERY ROAD sits on a plot of roughly 0.102 of an acre, or 415m². The below map shows the location of 3 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 3 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 3 DISCOVERY ROAD?

3 DISCOVERY ROAD is located in BEARSTED, in the ME15 postcode district. The below map shows the position of No. 3 on DISCOVERY ROAD.