4, ROSEACRE LANE, BEARSTED, MAIDSTONE, ME14 4HY - £375,000

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 ROSEACRE LANE is a very small extended detached house of 62m², built sometime between 1900 and 1929. It was last sold for £375,000 in April 2022, which was around 30% below the average April 2022 detached price in the Maidstone local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

4 ROSEACRE LANE Sold Prices

Land registry data shows two sales for 4 ROSEACRE 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 Maidstone local authority area for the corresponding sale date. Both of the two 4 ROSEACRE 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
2022 6 APR	£375,000	£532,625	30% below HPI
2020 13 NOV	£246,000	£485,784	49% below HPI

4 ROSEACRE LANE 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 two 4 ROSEACRE LANE sales from November 2020 and April 2022 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 November 2020 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the April 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 4 ROSEACRE LANE?

4 ROSEACRE LANE is 62m², which includes one extension, according to the EPC inspection conducted in September 2019. 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 4 ROSEACRE LANE lies on this distribution: 3% of detached houses are smaller than 4 ROSEACRE LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bearsted.

4 ROSEACRE LANE: Plot and Title Map

4 ROSEACRE LANE sits on a plot of roughly 0.033 of an acre, or 134m². The below map shows the location of 4 ROSEACRE 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 4 ROSEACRE 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 4 ROSEACRE LANE?

4 ROSEACRE LANE is located in BEARSTED, in the ME14 postcode district. The below map shows the position of No. 4 on ROSEACRE LANE.