47, FREEMAN WAY, MAIDSTONE, ME15 8AR - £314,000

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

47 FREEMAN WAY is a very large detached house of 170m², built sometime between 1950 and 1966. It was last sold for £314,000 in March 2016, which was around 29% below the average March 2016 detached price in the Maidstone local authority area. The most recent EPC inspection was July 2015, where the current energy rating was F, and the potential energy rating was A.

47 FREEMAN WAY Sold Prices

Land registry data shows three sales for 47 FREEMAN WAY 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. All of the three 47 FREEMAN WAY 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
2016 31 MAR	£314,000	£445,032	29% below HPI
2013 13 SEP	£247,000	£342,184	28% below HPI
1997 22 AUG	£92,000	£121,565	24% below HPI

47 FREEMAN WAY 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 47 FREEMAN WAY sales between August 1997 and March 2016 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 September 2013 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 47 FREEMAN WAY?

47 FREEMAN WAY is 170m² according to the EPC inspection conducted in July 2015. This puts it in the largest 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 47 FREEMAN WAY lies on this distribution: 87% of detached houses are smaller than 47 FREEMAN WAY, and 12% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

47 FREEMAN WAY: Plot and Title Map

47 FREEMAN WAY sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 47 FREEMAN WAY, 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 47 FREEMAN WAY). 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 47 FREEMAN WAY?

47 FREEMAN WAY is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 47 on FREEMAN WAY.