5, SHEARERS CLOSE, WEAVERING, MAIDSTONE, ME14 5UQ - £423,750

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 SHEARERS CLOSE is a large extended detached house of 149m², built sometime between 1983 and 1990. It was last sold for £423,750 in June 2015, which was around 5% above the average June 2015 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

5 SHEARERS CLOSE Sold Prices

Land registry data shows two sales for 5 SHEARERS CLOSE 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 SHEARERS CLOSE 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
2015 29 JUN	£423,750	£405,090	5% above HPI
1998 20 AUG	£153,500	£137,910	11% above HPI

5 SHEARERS CLOSE 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 SHEARERS CLOSE sales from August 1998 and June 2015 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 1998 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2015 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 5 SHEARERS CLOSE?

5 SHEARERS CLOSE is 149m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 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 SHEARERS CLOSE lies on this distribution: 78% of detached houses are smaller than 5 SHEARERS CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

5 SHEARERS CLOSE: Plot and Title Map

5 SHEARERS CLOSE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 5 SHEARERS CLOSE, 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 SHEARERS CLOSE). 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 SHEARERS CLOSE?

5 SHEARERS CLOSE is located in WEAVERING, in the ME14 postcode district. The below map shows the position of No. 5 on SHEARERS CLOSE.