7, SPURWAY, BEARSTED, MAIDSTONE, ME14 4BN - £327,500

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 SPURWAY is a very small detached house of 59m², built sometime between 1967 and 1975. It was last sold for £327,500 in February 2018, which was around 33% below the average February 2018 detached price in the Maidstone local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

7 SPURWAY Sold Prices

Land registry data shows four sales for 7 SPURWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the four 7 SPURWAY 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
2018 22 FEB	£327,500	£491,338	33% below HPI
2012 25 MAY	£235,000	£327,053	28% below HPI
2009 20 JUL	£205,000	£289,930	29% below HPI
2003 28 NOV	£210,000	£273,726	23% below HPI

7 SPURWAY 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 four 7 SPURWAY sales between November 2003 and February 2018 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 May 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 7 SPURWAY?

7 SPURWAY is 59m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 10% 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 SPURWAY lies on this distribution: 2% of detached houses are smaller than 7 SPURWAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Bearsted.

7 SPURWAY: Plot and Title Map

7 SPURWAY sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 7 SPURWAY, 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 SPURWAY). 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 SPURWAY?

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