GREENWAY, ULCOMBE ROAD, LANGLEY, MAIDSTONE, ME17 3JE - £1,050,000

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

GREENWAY is a very large extended detached house of 246m², built sometime between 2003 and 2006. It was last sold for £1,050,000 in August 2023, which was around 90% above the average August 2023 detached price in the Maidstone local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

GREENWAY Sold Prices

Land registry data shows three sales for GREENWAY 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 GREENWAY 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
2023 23 AUG	£1,050,000	£551,921	90% above HPI
2006 20 OCT	£537,000	£323,084	66% above HPI
2002 23 DEC	£210,000	£250,815	16% below HPI

GREENWAY 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 GREENWAY sales between December 2002 and August 2023 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 October 2006 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the August 2023 sale, where it rises to 90% above the HPI. The line then continues to track at 90% above the HPI.

How Large is GREENWAY?

GREENWAY is 246m², which includes three extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 10% of detached houses in Langley Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Langley Heath, and where GREENWAY lies on this distribution: 96% of detached houses are smaller than GREENWAY, and 4% of houses are larger. Note that EPC data is not available for all properties in Langley Heath.

GREENWAY: Plot and Title Map

GREENWAY sits on a plot of roughly 0.265 of an acre, or 1,072m². The below map shows the location of GREENWAY, 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 GREENWAY). 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 GREENWAY?

GREENWAY is located on ULCOMBE ROAD in LANGLEY, in the ME17 postcode district. The below map shows the position of GREENWAY on ULCOMBE ROAD.