9, PENNY CRESS GARDENS, MAIDSTONE, ME16 8JP - £445,000

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

9 PENNY CRESS GARDENS is a large detached house of 132m², built sometime between 1996 and 2002. It was last sold for £445,000 in October 2015, which was around 5% above the average October 2015 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

9 PENNY CRESS GARDENS Sold Prices

Land registry data shows two sales for 9 PENNY CRESS GARDENS 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 9 PENNY CRESS GARDENS sales were for above 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 12 OCT	£445,000	£424,475	5% above HPI
2000 30 JUN	£249,750	£177,890	40% above HPI

9 PENNY CRESS GARDENS 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 9 PENNY CRESS GARDENS sales from June 2000 and October 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 June 2000 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the October 2015 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 9 PENNY CRESS GARDENS?

9 PENNY CRESS GARDENS is 132m² according to the EPC inspection conducted in August 2011. 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 9 PENNY CRESS GARDENS lies on this distribution: 66% of detached houses are smaller than 9 PENNY CRESS GARDENS, and 34% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

9 PENNY CRESS GARDENS: Plot and Title Map

9 PENNY CRESS GARDENS sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 9 PENNY CRESS GARDENS, 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 9 PENNY CRESS GARDENS). 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 9 PENNY CRESS GARDENS?

9 PENNY CRESS GARDENS is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 9 on PENNY CRESS GARDENS.