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 PORT CLOSE is a very small extended detached house of 91m², built sometime between 1983 and 1990. It was last sold for £285,000 in April 2007, which was around 14% below the average April 2007 detached price in the Maidstone local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 8 PORT CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the three 8 PORT CLOSE 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 |
---|---|---|---|
2007 17 APR | £285,000 | £330,032 | 14% below HPI |
1997 25 JUL | £115,000 | £121,161 | 5% below HPI |
1995 13 APR | £100,000 | £105,314 | 5% below HPI |
The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The three 8 PORT CLOSE sales between April 1995 and April 2007 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 July 1997 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the April 2007 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
8 PORT CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% 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 PORT CLOSE lies on this distribution: 19% of detached houses are smaller than 8 PORT CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Maidstone.
8 PORT CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 8 PORT 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 PORT 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.
8 PORT CLOSE is located in BEARSTED, in the ME14 postcode district. The below map shows the position of No. 8 on PORT CLOSE.