8, RINGWOOD ROAD, MAIDSTONE, ME15 7EG - £355,000

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 RINGWOOD ROAD is a very small detached house of 80m², built sometime between 1950 and 1966. It was last sold for £355,000 in July 2019, which was around 26% below the average July 2019 detached price in the Maidstone local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

8 RINGWOOD ROAD Sold Prices

Land registry data shows three sales for 8 RINGWOOD ROAD since 1^st 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 RINGWOOD 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
2019 24 JUL	£355,000	£480,098	26% below HPI
2013 6 NOV	£300,000	£344,581	13% below HPI
2007 29 JUN	£260,000	£338,414	23% below HPI

8 RINGWOOD 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 three 8 RINGWOOD ROAD sales between June 2007 and July 2019 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 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 8 RINGWOOD ROAD?

8 RINGWOOD ROAD is 80m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 10% 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 RINGWOOD ROAD lies on this distribution: 9% of detached houses are smaller than 8 RINGWOOD ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

8 RINGWOOD ROAD: Plot and Title Map

8 RINGWOOD ROAD sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 8 RINGWOOD 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 RINGWOOD 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 8 RINGWOOD ROAD?

8 RINGWOOD ROAD is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 8 on RINGWOOD ROAD.