FERNVALE, MAIDSTONE ROAD, SUTTON VALENCE, MAIDSTONE, ME17 3LS - £250,000

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

FERNVALE is a very small extended detached house of 81m², built sometime between 1950 and 1966. It was last sold for £250,000 in August 2005, which was around 17% below the average August 2005 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was C.

FERNVALE Sold Prices

Land registry data shows two sales for FERNVALE 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 FERNVALE 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
2005 31 AUG	£250,000	£302,312	17% below HPI
2000 1 DEC	£133,500	£185,122	28% below HPI

FERNVALE 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 FERNVALE sales from December 2000 and August 2005 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 December 2000 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2005 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is FERNVALE?

FERNVALE is 81m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses in Warmlake, based on EPC data. The below chart shows the distribution of detached houses by size in Warmlake, and where FERNVALE lies on this distribution: 4% of detached houses are smaller than FERNVALE, and 96% of houses are larger. Note that EPC data is not available for all properties in Warmlake.

FERNVALE: Plot and Title Map

FERNVALE sits on a plot of roughly 0.190 of an acre, or 771m². The below map shows the location of FERNVALE, 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 FERNVALE). 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 FERNVALE?

FERNVALE is located on MAIDSTONE ROAD in SUTTON VALENCE, in the ME17 postcode district. The below map shows the position of FERNVALE on MAIDSTONE ROAD.