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 SHENLEY GROVE is a small extended detached house of 97m², built sometime between 1930 and 1949. It was last sold for £342,000 in May 2021, which was around 29% below the average May 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 3 SHENLEY GROVE since 1st 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 SHENLEY GROVE 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 |
---|---|---|---|
2021 31 MAY | £342,000 | £479,508 | 29% below HPI |
2015 12 FEB | £315,000 | £387,625 | 19% below HPI |
2001 14 DEC | £173,500 | £204,805 | 15% below HPI |
1995 18 JAN | £75,000 | £106,061 | 29% below HPI |
The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The four 3 SHENLEY GROVE sales between January 1995 and May 2021 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 February 2015 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2021 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
3 SHENLEY GROVE is 97m², which includes one extension, according to the EPC inspection conducted in January 2017. 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 SHENLEY GROVE lies on this distribution: 25% of detached houses are smaller than 3 SHENLEY GROVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Maidstone.
3 SHENLEY GROVE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 3 SHENLEY GROVE, 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 SHENLEY GROVE). 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.
3 SHENLEY GROVE is located in SANDLING, in the ME14 postcode district. The below map shows the position of No. 3 on SHENLEY GROVE.