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 COBTREE ROAD is a large extended detached house of 116m², built sometime between 1967 and 1975. It was last sold for £485,000 in May 2022, which was around 10% below the average May 2022 detached price in the Maidstone local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 7 COBTREE 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 COBTREE 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 |
---|---|---|---|
2022 30 MAY | £485,000 | £540,403 | 10% below HPI |
2000 27 OCT | £160,000 | £190,471 | 16% below 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 COBTREE ROAD sales from October 2000 and May 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 October 2000 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the May 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.
7 COBTREE ROAD is 116m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 40% of detached houses in Coxheath, based on EPC data. The below chart shows the distribution of detached houses by size in Coxheath, and where 7 COBTREE ROAD lies on this distribution: 63% of detached houses are smaller than 7 COBTREE ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Coxheath.
7 COBTREE ROAD sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 7 COBTREE 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 COBTREE 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 COBTREE ROAD is located in COXHEATH, in the ME17 postcode district. The below map shows the position of No. 7 on COBTREE ROAD.