353A, HERMITAGE LANE, MAIDSTONE, ME16 9NT - £425,540

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

353A HERMITAGE LANE is a large detached house of 142m², built sometime between 1983 and 1990. It was last sold for £425,540 in April 2016, which was around 22% below the average April 2016 detached price in the Tonbridge and Malling local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

353A HERMITAGE LANE Sold Prices

Land registry data shows two sales for 353A HERMITAGE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tonbridge and Malling local authority area for the corresponding sale date. Both of the two 353A HERMITAGE LANE 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
2016 15 APR	£425,540	£544,177	22% below HPI
2002 27 MAY	£247,000	£253,399	3% below HPI

353A HERMITAGE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tonbridge and Malling local authority area over time, sourced from the HPI. The two 353A HERMITAGE LANE sales from May 2002 and April 2016 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 2002 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 353A HERMITAGE LANE?

353A HERMITAGE LANE is 142m² according to the EPC inspection conducted in May 2015. This puts it in the largest 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 353A HERMITAGE LANE lies on this distribution: 74% of detached houses are smaller than 353A HERMITAGE LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

353A HERMITAGE LANE: Plot and Title Map

353A HERMITAGE LANE sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 353A HERMITAGE LANE, 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 353A HERMITAGE LANE). 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 353A HERMITAGE LANE?

353A HERMITAGE LANE is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 353A on HERMITAGE LANE.