49, POSTMILL DRIVE, MAIDSTONE, ME15 6FY - £335,000

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

49 POSTMILL DRIVE is a very small detached house of 74m², built sometime between 1983 and 1990. It was last sold for £335,000 in December 2018, which was around 31% below the average December 2018 detached price in the Maidstone local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

49 POSTMILL DRIVE Sold Prices

Land registry data shows three sales for 49 POSTMILL 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 49 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
2018 18 DEC	£335,000	£483,368	31% below HPI
2015 30 JUN	£292,000	£405,090	28% below HPI
2014 7 AUG	£235,000	£370,472	37% below HPI

49 POSTMILL 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 49 POSTMILL DRIVE sales between August 2014 and December 2018 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 2015 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the December 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 49 POSTMILL DRIVE?

49 POSTMILL DRIVE is 74m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 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 49 POSTMILL DRIVE lies on this distribution: 5% of detached houses are smaller than 49 POSTMILL DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

49 POSTMILL DRIVE: Plot and Title Map

49 POSTMILL DRIVE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 49 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 49 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.

Where is 49 POSTMILL DRIVE?

49 POSTMILL DRIVE is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 49 on POSTMILL DRIVE.