3, RHODEWOOD CLOSE, DOWNSWOOD, MAIDSTONE, ME15 8UR - £232,000

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 RHODEWOOD CLOSE is a small detached house of 96m², built sometime between 1991 and 1995. It was last sold for £232,000 in October 2008, which was around 27% below the average October 2008 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

3 RHODEWOOD CLOSE Sold Prices

Land registry data shows four sales for 3 RHODEWOOD 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. All of the four 3 RHODEWOOD 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
2008 10 OCT	£232,000	£318,004	27% below HPI
2000 20 APR	£128,000	£173,225	26% below HPI
2000 29 FEB	£127,000	£162,874	22% below HPI
1997 17 JAN	£88,500	£113,897	22% below HPI

3 RHODEWOOD 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 3 RHODEWOOD CLOSE sales between January 1997 and October 2008 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 2000 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2008 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 3 RHODEWOOD CLOSE?

3 RHODEWOOD CLOSE is 96m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 30% 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 RHODEWOOD CLOSE lies on this distribution: 24% of detached houses are smaller than 3 RHODEWOOD CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

3 RHODEWOOD CLOSE: Plot and Title Map

3 RHODEWOOD CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 3 RHODEWOOD 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 RHODEWOOD 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 RHODEWOOD CLOSE?

3 RHODEWOOD CLOSE is located in DOWNSWOOD, in the ME15 postcode district. The below map shows the position of No. 3 on RHODEWOOD CLOSE.