5, PARSLEY WAY, MAIDSTONE, ME16 0FS - £535,000

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 PARSLEY WAY is a large detached house of 130m², built sometime between 2003 and 2006. It was last sold for £535,000 in June 2021, which was around 10% above the average June 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

5 PARSLEY WAY Sold Prices

Land registry data shows four sales for 5 PARSLEY WAY since 1^st 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 5 PARSLEY WAY sales were for above 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 28 JUN	£535,000	£484,972	10% above HPI
2009 20 AUG	£340,000	£298,479	14% above HPI
2007 15 FEB	£355,000	£324,247	9% above HPI
2006 17 FEB	£336,996	£299,909	12% above HPI

5 PARSLEY 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 four 5 PARSLEY WAY sales between February 2006 and June 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 2009 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the June 2021 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 5 PARSLEY WAY?

5 PARSLEY WAY is 130m² according to the EPC inspection conducted in May 2019. This puts it in the largest 40% 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 PARSLEY WAY lies on this distribution: 63% of detached houses are smaller than 5 PARSLEY WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

5 PARSLEY WAY: Plot and Title Map

5 PARSLEY WAY sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 5 PARSLEY 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 PARSLEY 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 PARSLEY WAY?

5 PARSLEY WAY is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 5 on PARSLEY WAY.