5, MALLARD WAY, DOWNSWOOD, MAIDSTONE, ME15 8XH - £425,000

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

5 MALLARD WAY is a small extended detached house of 99m², built sometime between 1976 and 1982. It was last sold for £425,000 in April 2023, which was around 26% below the average April 2023 detached price in the Maidstone local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

5 MALLARD WAY Sold Prices

Land registry data shows three sales for 5 MALLARD 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 5 MALLARD 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
2023 20 APR	£425,000	£574,105	26% below HPI
1998 11 DEC	£126,000	£139,928	10% below HPI
1995 24 MAY	£98,000	£103,445	5% below HPI

5 MALLARD 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 5 MALLARD WAY sales between May 1995 and April 2023 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 December 1998 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the April 2023 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 5 MALLARD WAY?

5 MALLARD WAY is 99m², which includes two extensions, according to the EPC inspection conducted in September 2022. This puts it in the smallest 30% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 5 MALLARD WAY lies on this distribution: 26% of detached houses are smaller than 5 MALLARD WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

5 MALLARD WAY: Plot and Title Map

5 MALLARD WAY sits on a plot of roughly 0.055 of an acre, or 225m². The below map shows the location of 5 MALLARD 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 5 MALLARD 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 5 MALLARD WAY?

5 MALLARD WAY is located in DOWNSWOOD, in the ME15 postcode district. The below map shows the position of No. 5 on MALLARD WAY.