8, LONG REDE LANE, BARMING, MAIDSTONE, ME16 9LB - £265,000

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

8 LONG REDE LANE is a large extended detached house of 131m², built sometime between 1930 and 1949. It was last sold for £265,000 in July 2010, which was around 21% below the average July 2010 detached price in the Maidstone local authority area. The most recent EPC inspection was December 2009, where the current energy rating was E, and the potential energy rating was D.

8 LONG REDE LANE Sold Prices

Land registry data shows two sales for 8 LONG REDE LANE 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 8 LONG REDE LANE 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
2010 6 JUL	£265,000	£334,414	21% below HPI
1996 4 OCT	£79,000	£109,563	28% below HPI

8 LONG REDE LANE 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 8 LONG REDE LANE sales from October 1996 and July 2010 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 October 1996 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2010 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 LONG REDE LANE?

8 LONG REDE LANE is 131m², which includes one extension, according to the EPC inspection conducted in December 2009. This puts it in the largest 40% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 8 LONG REDE LANE lies on this distribution: 64% of detached houses are smaller than 8 LONG REDE LANE, and 36% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

8 LONG REDE LANE: Plot and Title Map

8 LONG REDE LANE sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 8 LONG REDE LANE, 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 8 LONG REDE LANE). 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 8 LONG REDE LANE?

8 LONG REDE LANE is located in BARMING, in the ME16 postcode district. The below map shows the position of No. 8 on LONG REDE LANE.