3, SMALLHYTHE CLOSE, BEARSTED, MAIDSTONE, ME15 8JJ - £475,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 SMALLHYTHE CLOSE is a small detached house of 106m², built sometime between 1991 and 1995, which could now be worth an estimated £534,683. It was last sold for £475,000 in May 2018, which was around 13% below the average May 2018 detached price in the Maidstone local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was B.

3 SMALLHYTHE CLOSE Sold Prices

Land registry data shows three sales for 3 SMALLHYTHE 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. All of the three 3 SMALLHYTHE 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
2018 24 MAY	£475,000	£546,862	13% below HPI
2009 22 MAY	£295,000	£316,288	7% below HPI
1999 23 APR	£147,950	£159,299	7% below HPI

3 SMALLHYTHE 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 SMALLHYTHE CLOSE sales between April 1999 and May 2018 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 May 2009 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2018 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 3 SMALLHYTHE CLOSE be worth now?

3 SMALLHYTHE CLOSE might now be worth an estimated £534,683.

This is based on house price inflation of 12.6%, between May 2018 and June 2025, for detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.6% inflationary increase is applied to the most recent sale price for 3 SMALLHYTHE CLOSE of £475,000 on 24th May 2018. For the value to have increased from £475,000 to £534,683 over the six years and eleven months to June 2025, the following assumptions must hold true:

• The value of 3 SMALLHYTHE CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The May 2018 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SMALLHYTHE CLOSE has not materially changed since May 2018.

How Large is 3 SMALLHYTHE CLOSE?

3 SMALLHYTHE CLOSE is 106m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 40% of detached houses houses in Bearsted, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bearsted, and where 3 SMALLHYTHE CLOSE lies on this distribution: 33% of detached houses houses are smaller than 3 SMALLHYTHE CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Bearsted.

3 SMALLHYTHE CLOSE: Plot and Title Map

3 SMALLHYTHE CLOSE sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 3 SMALLHYTHE 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 SMALLHYTHE 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 SMALLHYTHE CLOSE?

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