FAIRLADY, COLLEGE AVENUE, MAIDSTONE, ME15 6YJ - £260,000

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

FAIRLADY is a very small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £260,000 in April 2019, which was around 47% below the average April 2019 detached price in the Maidstone local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

FAIRLADY Sold Prices

Land registry data shows four sales for FAIRLADY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the four FAIRLADY 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 4 APR	£260,000	£487,064	47% below HPI
2002 14 MAR	£185,000	£208,165	11% below HPI
1999 14 JUL	£110,000	£147,666	26% below HPI
1998 2 NOV	£110,000	£143,009	23% below HPI

FAIRLADY 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 four FAIRLADY sales between November 1998 and April 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 March 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2019 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is FAIRLADY?

FAIRLADY is 85m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 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 FAIRLADY lies on this distribution: 14% of detached houses are smaller than FAIRLADY, and 85% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

FAIRLADY: Plot and Title Map

FAIRLADY sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of FAIRLADY, 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 FAIRLADY). 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 FAIRLADY?

FAIRLADY is located on COLLEGE AVENUE in MAIDSTONE, in the ME15 postcode district. The below map shows the position of FAIRLADY on COLLEGE AVENUE.