54, POSTMILL DRIVE, MAIDSTONE, ME15 6FY - £340,000

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

54 POSTMILL DRIVE is a very small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £340,000 in December 2017, which was around 29% below the average December 2017 detached price in the Maidstone local authority area. The most recent EPC inspection was March 2024, where the current energy rating was B, and the potential energy rating was A.

54 POSTMILL DRIVE Sold Prices

Land registry data shows three sales for 54 POSTMILL DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the three 54 POSTMILL DRIVE 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 11 DEC	£340,000	£480,815	29% below HPI
2001 25 JUL	£133,000	£198,676	33% below HPI
1995 11 AUG	£84,000	£105,915	21% below HPI

54 POSTMILL DRIVE 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 three 54 POSTMILL DRIVE sales between August 1995 and December 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 2001 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2017 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 54 POSTMILL DRIVE?

54 POSTMILL DRIVE is 91m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 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 54 POSTMILL DRIVE lies on this distribution: 19% of detached houses are smaller than 54 POSTMILL DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

54 POSTMILL DRIVE: Plot and Title Map

54 POSTMILL DRIVE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 54 POSTMILL DRIVE, 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 54 POSTMILL DRIVE). 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 54 POSTMILL DRIVE?

54 POSTMILL DRIVE is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 54 on POSTMILL DRIVE.