Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
4 MELFORD DRIVE is a very large detached house of 215m², built sometime between 1983 and 1990. It was last sold for £327,500 in October 2010, which was around 2% below the average October 2010 detached price in the Maidstone local authority area. The most recent EPC inspection was September 2015, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows four sales for 4 MELFORD DRIVE 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. Most of the four 4 MELFORD DRIVE sales were for above 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 |
---|---|---|---|
2010 19 OCT | £327,500 | £333,895 | 2% below HPI |
2004 31 MAR | £299,000 | £282,966 | 6% above HPI |
2000 22 MAY | £210,000 | £177,973 | 18% above HPI |
1997 23 APR | £132,000 | £116,351 | 13% above HPI |
The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The four 4 MELFORD DRIVE sales between April 1997 and October 2010 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 March 2004 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the October 2010 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.
4 MELFORD DRIVE is 215m² according to the EPC inspection conducted in September 2015. This puts it in the largest 10% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 4 MELFORD DRIVE lies on this distribution: 96% of detached houses are smaller than 4 MELFORD DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Maidstone.
4 MELFORD DRIVE sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 4 MELFORD DRIVE, 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 4 MELFORD DRIVE). 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.
4 MELFORD DRIVE is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 4 on MELFORD DRIVE.