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 PETLANDS is a very large extended detached house of 169m², built sometime between 1996 and 2002. It was last sold for £520,000 in June 2023, which was around 5% below the average June 2023 detached price in the Maidstone local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 7 PETLANDS since 1st 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 7 PETLANDS 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 16 JUN | £520,000 | £545,546 | 5% below HPI |
2006 21 APR | £279,950 | £308,690 | 9% below HPI |
2000 23 JUN | £167,000 | £177,890 | 6% below HPI |
The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The three 7 PETLANDS sales between June 2000 and June 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 April 2006 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the June 2023 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
7 PETLANDS is 169m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 20% 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 PETLANDS lies on this distribution: 87% of detached houses are smaller than 7 PETLANDS, and 13% of houses are larger. Note that EPC data is not available for all properties in Maidstone.
7 PETLANDS sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 7 PETLANDS, 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 PETLANDS). 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 PETLANDS is located in BOUGHTON MONCHELSEA, in the ME17 postcode district. The below map shows the position of No. 7 on PETLANDS.