Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
8 RAYMER ROAD is a very large extended detached house of 158m², built sometime between 1967 and 1975. It was last sold for £400,000 in September 2015, which was around 4% below the average September 2015 detached price in the Maidstone local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 8 RAYMER ROAD since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. Most of the five 8 RAYMER 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 |
---|---|---|---|
2015 9 SEP | £400,000 | £418,387 | 4% below HPI |
2001 8 NOV | £189,995 | £205,612 | 8% below HPI |
1999 15 JAN | £135,000 | £138,759 | 3% below HPI |
1996 29 MAY | £109,600 | £104,929 | 4% above HPI |
1995 6 JUL | £90,000 | £104,626 | 14% below HPI |
The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The five 8 RAYMER ROAD sales between July 1995 and September 2015 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 2001 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2015 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.
8 RAYMER ROAD is 158m², which includes two extensions, according to the EPC inspection conducted in November 2013. This puts it in the largest 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 RAYMER ROAD lies on this distribution: 82% of detached houses are smaller than 8 RAYMER ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Maidstone.
8 RAYMER ROAD sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 8 RAYMER 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 8 RAYMER 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.
8 RAYMER ROAD is located in PENENDEN HEATH, in the ME14 postcode district. The below map shows the position of No. 8 on RAYMER ROAD.