4, PETLANDS, BOUGHTON MONCHELSEA, MAIDSTONE, ME17 4SL - £385,000

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.

4 PETLANDS is a midsized detached house of 123m², built sometime between 1996 and 2002, which could now be worth an estimated £436,837. It was last sold for £385,000 in August 2018, which was around 30% below the average August 2018 detached price in the Maidstone local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

4 PETLANDS Sold Prices

Land registry data shows five sales for 4 PETLANDS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the five 4 PETLANDS 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 AUG	£385,000	£549,074	30% below HPI
2011 21 JAN	£300,000	£364,283	18% below HPI
2009 10 JUN	£249,995	£319,727	22% below HPI
2003 30 OCT	£240,000	£300,994	20% below HPI
1999 1 JUL	£147,950	£163,785	10% below HPI

4 PETLANDS 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 five 4 PETLANDS sales between July 1999 and August 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 January 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 4 PETLANDS be worth now?

4 PETLANDS might now be worth an estimated £436,837.

This is based on house price inflation of 13.5%, between August 2018 and March 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 13.5% inflationary increase is applied to the most recent sale price for 4 PETLANDS of £385,000 on 24th August 2018. For the value to have increased from £385,000 to £436,837 over the seven years and five months to March 2025, the following assumptions must hold true:

• The value of 4 PETLANDS has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The August 2018 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PETLANDS has not materially changed since August 2018.

How Large is 4 PETLANDS?

4 PETLANDS is 123m² according to the EPC inspection conducted in July 2010. This puts it in the largest 50% of detached houses houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Maidstone, and where 4 PETLANDS lies on this distribution: 54% of detached houses houses are smaller than 4 PETLANDS, and 46% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

4 PETLANDS: Plot and Title Map

4 PETLANDS sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 4 PETLANDS, 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 PETLANDS). 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 PETLANDS?

4 PETLANDS is located in BOUGHTON MONCHELSEA, in the ME17 postcode district. The below map shows the position of No. 4 on PETLANDS.