3, HALFPENNY CLOSE, MAIDSTONE, ME16 9AJ - £287,000

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 HALFPENNY CLOSE is a midsized extended detached house of 120m², built sometime between 1991 and 1995. It was last sold for £287,000 in November 2011, which was around 12% below the average November 2011 detached price in the Maidstone local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

3 HALFPENNY CLOSE Sold Prices

Land registry data shows two sales for 3 HALFPENNY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. One of the two 3 HALFPENNY CLOSE sales was for below the average price, whilst the other was 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
2011 23 NOV	£287,000	£325,626	12% below HPI
1995 6 JAN	£125,300	£106,061	18% above HPI

3 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 two 3 HALFPENNY CLOSE sales from January 1995 and November 2011 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 January 1995 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2011 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 3 HALFPENNY CLOSE?

3 HALFPENNY CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in June 2010. 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 3 HALFPENNY CLOSE lies on this distribution: 52% of detached houses are smaller than 3 HALFPENNY CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

3 HALFPENNY CLOSE: Plot and Title Map

3 HALFPENNY CLOSE sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 3 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 3 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 3 HALFPENNY CLOSE?

3 HALFPENNY CLOSE is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 3 on HALFPENNY CLOSE.