3, NORMAN CLOSE, MAIDSTONE, ME14 5HR - £279,950

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 NORMAN CLOSE is a very small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £279,950 in August 2011, which was around 13% below the average August 2011 detached price in the Maidstone local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was E.

3 NORMAN CLOSE Sold Prices

Land registry data shows three sales for 3 NORMAN CLOSE 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. One of the three 3 NORMAN CLOSE sales was for below the average price, whilst two were 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 10 AUG	£279,950	£322,888	13% below HPI
2005 25 JAN	£297,000	£294,325	1% above HPI
1999 26 AUG	£156,000	£148,720	5% above HPI

3 NORMAN 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 three 3 NORMAN CLOSE sales between August 1999 and August 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 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the August 2011 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 3 NORMAN CLOSE?

3 NORMAN CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in September 2010. 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 3 NORMAN CLOSE lies on this distribution: 17% of detached houses are smaller than 3 NORMAN CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

3 NORMAN CLOSE: Plot and Title Map

3 NORMAN CLOSE sits on a plot of roughly 0.216 of an acre, or 875m². The below map shows the location of 3 NORMAN 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 NORMAN 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 NORMAN CLOSE?

3 NORMAN CLOSE is located in MAIDSTONE, in the ME14 postcode district. The below map shows the position of No. 3 on NORMAN CLOSE.