6, ERITH CLOSE, PENENDEN HEATH, MAIDSTONE, ME14 2EJ - £670,000

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

6 ERITH CLOSE is a very large extended detached house of 155m², built sometime between 1930 and 1949. It was last sold for £670,000 in July 2023, which was around 23% above the average July 2023 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, and the potential energy rating was C.

6 ERITH CLOSE Sold Prices

Land registry data shows three sales for 6 ERITH CLOSE 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. One of the three 6 ERITH CLOSE sales was for above the average price, whilst two 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
2023 21 JUL	£670,000	£543,490	23% above HPI
2005 4 OCT	£241,000	£302,408	20% below HPI
2002 25 FEB	£174,995	£210,115	17% below HPI

6 ERITH 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 three 6 ERITH CLOSE sales between February 2002 and July 2023 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 October 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2023 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 6 ERITH CLOSE?

6 ERITH CLOSE is 155m², which includes three extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 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 6 ERITH CLOSE lies on this distribution: 81% of detached houses are smaller than 6 ERITH CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

6 ERITH CLOSE: Plot and Title Map

6 ERITH CLOSE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 6 ERITH 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 6 ERITH 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 6 ERITH CLOSE?

6 ERITH CLOSE is located in PENENDEN HEATH, in the ME14 postcode district. The below map shows the position of No. 6 on ERITH CLOSE.