7, MALLINGS LANE, BEARSTED, MAIDSTONE, ME14 4EY - £179,000

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

7 MALLINGS LANE is a small extended detached house of 93m², built sometime between 1967 and 1975. It was last sold for £179,000 in May 2002, which was around 17% below the average May 2002 detached price in the Maidstone local authority area. The most recent EPC inspection was September 2023, where the current energy rating was E, and the potential energy rating was C.

7 MALLINGS LANE Sold Prices

Land registry data shows two sales for 7 MALLINGS LANE since 1^st 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 MALLINGS 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
2002 31 MAY	£179,000	£216,125	17% below HPI
1997 12 JUN	£106,000	£118,817	11% below HPI

7 MALLINGS LANE 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 two 7 MALLINGS LANE sales from June 1997 and May 2002 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 June 1997 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2002 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 7 MALLINGS LANE?

7 MALLINGS LANE is 93m², which includes two extensions, according to the EPC inspection conducted in September 2023. This puts it in the smallest 30% of detached houses in Bearsted, based on EPC data. The below chart shows the distribution of detached houses by size in Bearsted, and where 7 MALLINGS LANE lies on this distribution: 21% of detached houses are smaller than 7 MALLINGS LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Bearsted.

7 MALLINGS LANE: Plot and Title Map

7 MALLINGS LANE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 7 MALLINGS 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 7 MALLINGS 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.

Where is 7 MALLINGS LANE?

7 MALLINGS LANE is located in BEARSTED, in the ME14 postcode district. The below map shows the position of No. 7 on MALLINGS LANE.