9, RIVER CLOSE, EAST FARLEIGH, MAIDSTONE, ME15 0JE - £425,000

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

9 RIVER CLOSE is a small extended detached house of 130m², built sometime between 1967 and 1975. It was last sold for £425,000 in August 2015, which was around 3% above the average August 2015 detached price in the Maidstone local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

9 RIVER CLOSE Sold Prices

Land registry data shows three sales for 9 RIVER CLOSE 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. Two of the three 9 RIVER CLOSE sales were for above the average price, whilst one 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
2015 28 AUG	£425,000	£413,420	3% above HPI
2011 16 NOV	£320,000	£325,626	2% below HPI
1998 16 JAN	£135,000	£129,878	4% above HPI

9 RIVER 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 three 9 RIVER CLOSE sales between January 1998 and August 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 2011 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2015 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 9 RIVER CLOSE?

9 RIVER CLOSE is 130m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses in East Farleigh, based on EPC data. The below chart shows the distribution of detached houses by size in East Farleigh, and where 9 RIVER CLOSE lies on this distribution: 23% of detached houses are smaller than 9 RIVER CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in East Farleigh.

9 RIVER CLOSE: Plot and Title Map

9 RIVER CLOSE sits on a plot of roughly 0.166 of an acre, or 672m². The below map shows the location of 9 RIVER 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 9 RIVER 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 9 RIVER CLOSE?

9 RIVER CLOSE is located in EAST FARLEIGH, in the ME15 postcode district. The below map shows the position of No. 9 on RIVER CLOSE.