48, CHESTNUT DRIVE, KINGSWOOD, MAIDSTONE, ME17 3PJ - £380,000

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

48 CHESTNUT DRIVE is a very small extended detached house of 71m², built sometime between 1967 and 1975. It was last sold for £380,000 in February 2021, which was around 21% below the average February 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

48 CHESTNUT DRIVE Sold Prices

Land registry data shows three sales for 48 CHESTNUT DRIVE 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 48 CHESTNUT 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
2021 12 FEB	£380,000	£482,613	21% below HPI
2017 11 AUG	£365,000	£481,077	24% below HPI
2002 29 NOV	£169,995	£250,407	32% below HPI

48 CHESTNUT DRIVE 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 48 CHESTNUT DRIVE sales between November 2002 and February 2021 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 August 2017 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the February 2021 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 48 CHESTNUT DRIVE?

48 CHESTNUT DRIVE is 71m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses in Kingswood, based on EPC data. The below chart shows the distribution of detached houses by size in Kingswood, and where 48 CHESTNUT DRIVE lies on this distribution: 6% of detached houses are smaller than 48 CHESTNUT DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Kingswood.

48 CHESTNUT DRIVE: Plot and Title Map

48 CHESTNUT DRIVE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 48 CHESTNUT 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 48 CHESTNUT 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.

Where is 48 CHESTNUT DRIVE?

48 CHESTNUT DRIVE is located in KINGSWOOD, in the ME17 postcode district. The below map shows the position of No. 48 on CHESTNUT DRIVE.