53, MELROSE CLOSE, MAIDSTONE, ME15 6BD - £387,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

53 MELROSE CLOSE is a midsized extended detached house of 115m², built sometime from 2007 onwards. It was last sold for £387,500 in January 2017, which was around 24% below the average January 2017 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

53 MELROSE CLOSE Sold Prices

Land registry data shows two sales for 53 MELROSE 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 53 MELROSE CLOSE 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
2017 6 JAN	£387,500	£511,510	24% below HPI
2010 2 JUL	£240,000	£370,920	35% below HPI

53 MELROSE 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 53 MELROSE CLOSE sales from July 2010 and January 2017 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 July 2010 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the January 2017 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 53 MELROSE CLOSE be worth now?

53 MELROSE CLOSE might now be worth an estimated £469,141.

This is based on house price inflation of 21.1%, between January 2017 and December 2024, for detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.1% inflationary increase is applied to the most recent sale price for 53 MELROSE CLOSE of £387,500 on 6th January 2017. For the value to have increased from £387,500 to £469,141 over the six years and one month to December 2024, the following assumptions must hold true:

• The value of 53 MELROSE CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The January 2017 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of 53 MELROSE CLOSE has not materially changed since January 2017.

How Large is 53 MELROSE CLOSE?

53 MELROSE CLOSE is 115m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 50% of detached houses houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Maidstone, and where 53 MELROSE CLOSE lies on this distribution: 45% of detached houses houses are smaller than 53 MELROSE CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

53 MELROSE CLOSE: Plot and Title Map

53 MELROSE CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 53 MELROSE 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 53 MELROSE 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 53 MELROSE CLOSE?

53 MELROSE CLOSE is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 53 on MELROSE CLOSE.