4, OLD DRIVE, MAIDSTONE, ME15 9SE - £320,000

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

4 OLD DRIVE is a midsized detached house of 112m², built sometime between 1967 and 1975. It was last sold for £320,000 in September 2007, which was around 9% below the average September 2007 detached price in the Maidstone local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was B.

4 OLD DRIVE Sold Prices

Land registry data shows three sales for 4 OLD DRIVE 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. Two of the three 4 OLD DRIVE sales were for below the average price, whilst one was 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
2007 21 SEP	£320,000	£349,872	9% below HPI
2004 8 JAN	£265,000	£276,382	4% below HPI
2002 2 MAY	£230,000	£216,125	6% above HPI

4 OLD DRIVE 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 4 OLD DRIVE sales between May 2002 and September 2007 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 January 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2007 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 4 OLD DRIVE?

4 OLD DRIVE is 112m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 50% 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 OLD DRIVE lies on this distribution: 40% of detached houses are smaller than 4 OLD DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

4 OLD DRIVE: Plot and Title Map

4 OLD DRIVE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 4 OLD 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 OLD 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.

Where is 4 OLD DRIVE?

4 OLD DRIVE is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 4 on OLD DRIVE.