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
56A FAUCHONS LANE is a very small extended semi-detached house of 76m², built sometime between 1976 and 1982. It was last sold for £330,900 in February 2020, which was around 30% below the average February 2020 detached price in the Maidstone local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 56A FAUCHONS LANE since 1st 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 56A FAUCHONS 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 |
---|---|---|---|
2020 7 FEB | £330,900 | £473,709 | 30% below HPI |
2014 24 MAR | £250,000 | £358,169 | 30% below HPI |
2003 12 JUN | £125,000 | £277,949 | 55% below HPI |
The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The three 56A FAUCHONS LANE sales between June 2003 and February 2020 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 March 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2020 sale, which was also at 30% below the HPI.
56A FAUCHONS LANE is 76m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the smallest 10% of detached houses in Bearsted, based on EPC data. The below chart shows the distribution of detached houses by size in Bearsted, and where 56A FAUCHONS LANE lies on this distribution: 8% of detached houses are smaller than 56A FAUCHONS LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Bearsted.
56A FAUCHONS LANE sits on a plot of roughly 0.207 of an acre, or 838m². The below map shows the location of 56A FAUCHONS 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 56A FAUCHONS 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.
56A FAUCHONS LANE is located in BEARSTED, in the ME14 postcode district. The below map shows the position of No. 56A on FAUCHONS LANE.