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 WESTMINSTER SQUARE is a very large detached house of 180m², built sometime between 1996 and 2002. It was last sold for £625,000 in February 2022, which was around 21% above the average February 2022 detached price in the Maidstone local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 4 WESTMINSTER SQUARE since 1st 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. All of the three 4 WESTMINSTER SQUARE 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 |
---|---|---|---|
2022 24 FEB | £625,000 | £516,744 | 21% above HPI |
2017 13 JAN | £540,000 | £461,168 | 17% above HPI |
2002 28 NOV | £335,000 | £250,407 | 34% above HPI |
The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The three 4 WESTMINSTER SQUARE sales between November 2002 and February 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 January 2017 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2022 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.
4 WESTMINSTER SQUARE is 180m² according to the EPC inspection conducted in February 2016. 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 WESTMINSTER SQUARE lies on this distribution: 90% of detached houses are smaller than 4 WESTMINSTER SQUARE, and 9% of houses are larger. Note that EPC data is not available for all properties in Maidstone.
4 WESTMINSTER SQUARE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 4 WESTMINSTER SQUARE, 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 WESTMINSTER SQUARE). 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 WESTMINSTER SQUARE is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 4 on WESTMINSTER SQUARE.