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

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

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 16% 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	£461,168	16% below HPI
2010 2 JUL	£240,000	£334,414	28% 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2017 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

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 in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 53 MELROSE CLOSE lies on this distribution: 45% of detached 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.