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
34 OTTERIDGE ROAD is a very small extended detached house of 77m², built sometime between 1950 and 1966. It was last sold for £355,000 in April 2018, which was around 28% below the average April 2018 detached price in the Maidstone local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 34 OTTERIDGE ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. Both of the two 34 OTTERIDGE ROAD 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 12 APR | £355,000 | £493,334 | 28% below HPI |
2004 5 OCT | £190,000 | £293,739 | 35% below HPI |
The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The two 34 OTTERIDGE ROAD sales from October 2004 and April 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 October 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the April 2018 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.
34 OTTERIDGE ROAD is 77m², which includes one extension, according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses in Bearsted, based on EPC data. The below chart shows the distribution of detached houses by size in Bearsted, and where 34 OTTERIDGE ROAD lies on this distribution: 8% of detached houses are smaller than 34 OTTERIDGE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Bearsted.
34 OTTERIDGE ROAD sits on a plot of roughly 0.066 of an acre, or 268m². The below map shows the location of 34 OTTERIDGE ROAD, 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 34 OTTERIDGE ROAD). 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.
34 OTTERIDGE ROAD is located in BEARSTED, in the ME14 postcode district. The below map shows the position of No. 34 on OTTERIDGE ROAD.