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
45 POSTMILL DRIVE is a very small extended detached house of 90m², built sometime between 1983 and 1990. It was last sold for £275,000 in March 2015, which was around 29% below the average March 2015 detached price in the Maidstone local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 45 POSTMILL 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. All of the four 45 POSTMILL DRIVE 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 |
---|---|---|---|
2015 16 MAR | £275,000 | £387,446 | 29% below HPI |
2008 13 JUN | £248,000 | £342,651 | 28% below HPI |
2005 25 OCT | £220,000 | £302,408 | 27% below HPI |
1997 28 NOV | £86,000 | £128,131 | 33% below HPI |
The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The four 45 POSTMILL DRIVE sales between November 1997 and March 2015 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 June 2008 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2015 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.
45 POSTMILL DRIVE is 90m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 45 POSTMILL DRIVE lies on this distribution: 18% of detached houses are smaller than 45 POSTMILL DRIVE, and 82% of houses are larger. Note that EPC data is not available for all properties in Maidstone.
45 POSTMILL DRIVE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 45 POSTMILL 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 45 POSTMILL 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.
45 POSTMILL DRIVE is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 45 on POSTMILL DRIVE.