74, OAKWOOD ROAD, MAIDSTONE, ME16 8AL - £242,500

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

74 OAKWOOD ROAD is a very small detached house of 72m², built sometime between 1950 and 1966. It was last sold for £242,500 in July 2009, which was around 16% below the average July 2009 detached price in the Maidstone local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

74 OAKWOOD ROAD Sold Prices

Land registry data shows two sales for 74 OAKWOOD ROAD 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 74 OAKWOOD ROAD 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
2009 24 JUL	£242,500	£289,930	16% below HPI
2008 26 AUG	£180,000	£328,892	45% below HPI

74 OAKWOOD ROAD 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 74 OAKWOOD ROAD sales from August 2008 and July 2009 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 August 2008 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2009 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 74 OAKWOOD ROAD?

74 OAKWOOD ROAD is 72m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 74 OAKWOOD ROAD lies on this distribution: 5% of detached houses are smaller than 74 OAKWOOD ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

74 OAKWOOD ROAD: Plot and Title Map

74 OAKWOOD ROAD sits on a plot of roughly 0.130 of an acre, or 524m². The below map shows the location of 74 OAKWOOD ROAD, 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 74 OAKWOOD ROAD). 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 74 OAKWOOD ROAD?

74 OAKWOOD ROAD is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 74 on OAKWOOD ROAD.