5, PEAR TREE LANE, MAIDSTONE, ME15 9QY - £500,000

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 PEAR TREE LANE is a very large extended detached house of 155m², built sometime between 1930 and 1949. It was last sold for £500,000 in November 2007, which was around 42% above the average November 2007 detached price in the Maidstone local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

5 PEAR TREE LANE Sold Prices

Land registry data shows two sales for 5 PEAR TREE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. Both of the two 5 PEAR TREE LANE 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
2007 30 NOV	£500,000	£351,093	42% above HPI
2006 7 DEC	£330,000	£325,623	1% above HPI

5 PEAR TREE LANE 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 two 5 PEAR TREE LANE sales from December 2006 and November 2007 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 2006 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2007 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 5 PEAR TREE LANE?

5 PEAR TREE LANE is 155m², which includes three extensions, according to the EPC inspection conducted in December 2021. 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 5 PEAR TREE LANE lies on this distribution: 81% of detached houses are smaller than 5 PEAR TREE LANE, and 19% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

5 PEAR TREE LANE: Plot and Title Map

5 PEAR TREE LANE sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of 5 PEAR TREE LANE, 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 PEAR TREE LANE). 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 PEAR TREE LANE?

5 PEAR TREE LANE is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 5 on PEAR TREE LANE.