3, HOOK WAY, MAIDSTONE, ME17 3FW - £385,000

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 HOOK WAY is a very small detached house of 81m². It was last sold for £385,000 in October 2023, which was around 30% below the average October 2023 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2017, where the current energy rating was B, and the potential energy rating was A.

3 HOOK WAY Sold Prices

Land registry data shows three sales for 3 HOOK WAY 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 3 HOOK WAY 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
2023 30 OCT	£385,000	£553,084	30% below HPI
2021 30 JUN	£360,000	£484,972	26% below HPI
2017 23 JUN	£325,000	£469,611	31% below HPI

3 HOOK WAY 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 3 HOOK WAY sales between June 2017 and October 2023 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 2021 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 HOOK WAY?

3 HOOK WAY is 81m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% 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 HOOK WAY lies on this distribution: 10% of detached houses are smaller than 3 HOOK WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

3 HOOK WAY: Plot and Title Map

3 HOOK WAY sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 3 HOOK WAY, 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 HOOK WAY). 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 HOOK WAY?

3 HOOK WAY is located in MAIDSTONE, in the ME17 postcode district. The below map shows the position of No. 3 on HOOK WAY.