7, MELFORD DRIVE, MAIDSTONE, ME16 0UN - £545,000

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 MELFORD DRIVE is a midsized detached house of 112m², built sometime between 1996 and 2002. It was last sold for £545,000 in December 2021, which was around 9% above the average December 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

7 MELFORD DRIVE Sold Prices

Land registry data shows five sales for 7 MELFORD DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the five 7 MELFORD DRIVE 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
2021 9 DEC	£545,000	£499,353	9% above HPI
2011 2 JUN	£350,000	£314,532	11% above HPI
2004 17 SEP	£300,000	£287,467	4% above HPI
2002 1 AUG	£255,000	£238,690	7% above HPI
1997 14 FEB	£133,000	£114,740	16% above HPI

7 MELFORD DRIVE 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 five 7 MELFORD DRIVE sales between February 1997 and December 2021 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 2011 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2021 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 7 MELFORD DRIVE?

7 MELFORD DRIVE is 112m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 50% 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 MELFORD DRIVE lies on this distribution: 40% of detached houses are smaller than 7 MELFORD DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

7 MELFORD DRIVE: Plot and Title Map

7 MELFORD DRIVE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 7 MELFORD DRIVE, 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 MELFORD DRIVE). 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 MELFORD DRIVE?

7 MELFORD DRIVE is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 7 on MELFORD DRIVE.