CROSSWAYS, PENENDEN HEATH ROAD, PENENDEN HEATH, MAIDSTONE, ME14 2DG - £650,000

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

CROSSWAYS is a small extended detached house of 101m², built sometime between 1930 and 1949. It was last sold for £650,000 in December 2021, which was around 30% above the average December 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

CROSSWAYS Sold Prices

Land registry data shows two sales for CROSSWAYS 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. One of the two CROSSWAYS sales was for above the average price, whilst the other 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
2021 17 DEC	£650,000	£499,353	30% above HPI
2010 16 NOV	£312,500	£331,096	6% below HPI

CROSSWAYS 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 CROSSWAYS sales from November 2010 and December 2021 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 2010 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2021 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is CROSSWAYS?

CROSSWAYS is 101m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 30% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where CROSSWAYS lies on this distribution: 28% of detached houses are smaller than CROSSWAYS, and 71% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

CROSSWAYS: Plot and Title Map

CROSSWAYS sits on a plot of roughly 0.149 of an acre, or 602m². The below map shows the location of CROSSWAYS, 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 CROSSWAYS). 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 CROSSWAYS?

CROSSWAYS is located on PENENDEN HEATH ROAD in PENENDEN HEATH, in the ME14 postcode district. The below map shows the position of CROSSWAYS on PENENDEN HEATH ROAD.