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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 SPURWAY is a very small detached house of 59m², built sometime between 1967 and 1975, which could now be worth an estimated £381,551. It was last sold for £327,500 in February 2018, which was around 40% 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	£544,974	40% below HPI
2012 25 MAY	£235,000	£362,755	35% below HPI
2009 20 JUL	£205,000	£321,580	36% below HPI
2003 28 NOV	£210,000	£303,607	31% 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 7 SPURWAY be worth now?

7 SPURWAY might now be worth an estimated £381,551.

This is based on house price inflation of 16.5%, between February 2018 and February 2025, for detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.5% inflationary increase is applied to the most recent sale price for 7 SPURWAY of £327,500 on 22nd February 2018. For the value to have increased from £327,500 to £381,551 over the seven years to February 2025, the following assumptions must hold true:

• The value of 7 SPURWAY has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The February 2018 sale price of £327,500 represented a fair market value for the property.
• The size, condition, and specification of 7 SPURWAY has not materially changed since February 2018.

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 houses in Bearsted, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bearsted, and where 7 SPURWAY lies on this distribution: 2% of detached houses 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.