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
52 SPOT LANE is a small extended detached house of 108m², built sometime between 1976 and 1982. It was last sold for £237,995 in October 2003, which was around 12% below the average October 2003 detached price in the Maidstone local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 52 SPOT LANE since 1st 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 52 SPOT LANE 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 |
---|---|---|---|
2003 30 OCT | £237,995 | £271,370 | 12% below HPI |
2002 20 FEB | £179,000 | £210,115 | 15% below HPI |
2000 28 APR | £158,500 | £173,225 | 9% below HPI |
1999 10 DEC | £155,000 | £158,701 | 2% below HPI |
The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The four 52 SPOT LANE sales between December 1999 and October 2003 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 February 2002 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2003 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
52 SPOT LANE is 108m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the smallest 40% of detached houses in Bearsted, based on EPC data. The below chart shows the distribution of detached houses by size in Bearsted, and where 52 SPOT LANE lies on this distribution: 35% of detached houses are smaller than 52 SPOT LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Bearsted.
52 SPOT LANE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 52 SPOT 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 52 SPOT 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.
52 SPOT LANE is located in BEARSTED, in the ME15 postcode district. The below map shows the position of No. 52 on SPOT LANE.