8, MADGINFORD CLOSE, BEARSTED, MAIDSTONE, ME15 8LF - £397,500

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.

8 MADGINFORD CLOSE is a large extended detached house of 141m², built sometime between 1967 and 1975, which could now be worth an estimated £710,007. It was last sold for £397,500 in November 2009, which was around 12% above the average November 2009 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

8 MADGINFORD CLOSE Sold Prices

Land registry data shows two sales for 8 MADGINFORD CLOSE 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. One of the two 8 MADGINFORD CLOSE sales was for above the average price, whilst the other was 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 20 NOV	£397,500	£355,461	12% above HPI
2007 31 OCT	£310,000	£385,502	20% below HPI

8 MADGINFORD CLOSE 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 MADGINFORD CLOSE sales from October 2007 and November 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 October 2007 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2009 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 8 MADGINFORD CLOSE be worth now?

8 MADGINFORD CLOSE might now be worth an estimated £710,007.

This is based on house price inflation of 78.6%, between November 2009 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 78.6% inflationary increase is applied to the most recent sale price for 8 MADGINFORD CLOSE of £397,500 on 20th November 2009. For the value to have increased from £397,500 to £710,007 over the sixteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 MADGINFORD CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The November 2009 sale price of £397,500 represented a fair market value for the property.
• The size, condition, and specification of 8 MADGINFORD CLOSE has not materially changed since November 2009.

How Large is 8 MADGINFORD CLOSE?

8 MADGINFORD CLOSE is 141m², which includes two extensions, according to the EPC inspection conducted in May 2009. This puts it in the largest 40% 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 8 MADGINFORD CLOSE lies on this distribution: 60% of detached houses houses are smaller than 8 MADGINFORD CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Bearsted.

8 MADGINFORD CLOSE: Plot and Title Map

8 MADGINFORD CLOSE sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 8 MADGINFORD CLOSE, 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 MADGINFORD CLOSE). 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 MADGINFORD CLOSE?

8 MADGINFORD CLOSE is located in BEARSTED, in the ME15 postcode district. The below map shows the position of No. 8 on MADGINFORD CLOSE.