78, REDE WOOD ROAD, MAIDSTONE, ME16 9HR - £610,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

78 REDE WOOD ROAD is a large extended detached house of 144m², built sometime between 1950 and 1966. It was last sold for £610,000 in February 2024, which was around 11% above the average February 2024 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

78 REDE WOOD ROAD Sold Prices

Land registry data shows two sales for 78 REDE WOOD 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 78 REDE WOOD ROAD 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
2024 26 FEB	£610,000	£548,760	11% above HPI
2002 28 NOV	£309,000	£250,407	23% above HPI

78 REDE WOOD 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 78 REDE WOOD ROAD sales from November 2002 and February 2024 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 November 2002 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the February 2024 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 78 REDE WOOD ROAD?

78 REDE WOOD ROAD is 144m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 30% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 78 REDE WOOD ROAD lies on this distribution: 75% of detached houses are smaller than 78 REDE WOOD ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

78 REDE WOOD ROAD: Plot and Title Map

78 REDE WOOD ROAD sits on a plot of roughly 0.174 of an acre, or 702m². The below map shows the location of 78 REDE WOOD 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 78 REDE WOOD 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 78 REDE WOOD ROAD?

78 REDE WOOD ROAD is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 78 on REDE WOOD ROAD.