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
7 CHESTNUT ROAD is a very large detached house of 184m². It was last sold for £670,000 in February 2022, which was around 30% above the average February 2022 detached price in the Maidstone local authority area. The most recent EPC inspection was November 2019, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 7 CHESTNUT ROAD since 1st 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 7 CHESTNUT ROAD sales were for above 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 |
---|---|---|---|
2022 24 FEB | £670,000 | £516,744 | 30% above HPI |
2019 22 NOV | £670,000 | £483,535 | 39% above HPI |
The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The two 7 CHESTNUT ROAD sales from November 2019 and February 2022 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 November 2019 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the February 2022 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.
7 CHESTNUT ROAD is 184m² according to the EPC inspection conducted in November 2019. This puts it in the largest 10% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 7 CHESTNUT ROAD lies on this distribution: 92% of detached houses are smaller than 7 CHESTNUT ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Maidstone.
7 CHESTNUT ROAD sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 7 CHESTNUT 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 7 CHESTNUT 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.
7 CHESTNUT ROAD is located in ALLINGTON, in the ME16 postcode district. The below map shows the position of No. 7 on CHESTNUT ROAD.