62, MADGINFORD ROAD, BEARSTED, MAIDSTONE, ME15 8JS - £450,000

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

62 MADGINFORD ROAD is a very small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £450,000 in August 2023, which was around 19% below the average August 2023 detached price in the Maidstone local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

62 MADGINFORD ROAD Sold Prices

Land registry data shows three sales for 62 MADGINFORD ROAD 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 62 MADGINFORD ROAD 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
2023 8 AUG	£450,000	£553,826	19% below HPI
2020 7 OCT	£361,000	£487,473	26% below HPI
2006 14 AUG	£250,000	£320,892	22% below HPI

62 MADGINFORD ROAD 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 62 MADGINFORD ROAD sales between August 2006 and August 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 2020 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 62 MADGINFORD ROAD?

62 MADGINFORD ROAD is 83m² according to the EPC inspection conducted in November 2018. This puts it in the smallest 20% of detached houses in Bearsted, based on EPC data. The below chart shows the distribution of detached houses by size in Bearsted, and where 62 MADGINFORD ROAD lies on this distribution: 13% of detached houses are smaller than 62 MADGINFORD ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Bearsted.

62 MADGINFORD ROAD: Plot and Title Map

62 MADGINFORD ROAD sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 62 MADGINFORD ROAD, 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 62 MADGINFORD ROAD). 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 62 MADGINFORD ROAD?

62 MADGINFORD ROAD is located in BEARSTED, in the ME15 postcode district. The below map shows the position of No. 62 on MADGINFORD ROAD.