HEATH COTTAGE, LEEDS ROAD, LANGLEY, MAIDSTONE, ME17 3JG - £400,000

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

HEATH COTTAGE is a very small extended detached house of 69m², built sometime between 1950 and 1966. It was last sold for £400,000 in April 2021, which was around 16% below the average April 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

HEATH COTTAGE Sold Prices

Land registry data shows three sales for HEATH COTTAGE 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 HEATH COTTAGE sales were for below the average price, whilst one was for above 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 23 APR	£400,000	£478,051	16% below HPI
2013 15 AUG	£247,500	£338,497	27% below HPI
2001 6 JUL	£205,000	£198,676	3% above HPI

HEATH COTTAGE 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 HEATH COTTAGE sales between July 2001 and April 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 August 2013 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the April 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is HEATH COTTAGE?

HEATH COTTAGE is 69m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 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 HEATH COTTAGE lies on this distribution: 4% of detached houses are smaller than HEATH COTTAGE, and 96% of houses are larger. Note that EPC data is not available for all properties in Langley Heath.

HEATH COTTAGE: Plot and Title Map

HEATH COTTAGE sits on a plot of roughly 0.147 of an acre, or 593m². The below map shows the location of HEATH COTTAGE, 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 HEATH COTTAGE). 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 HEATH COTTAGE?

HEATH COTTAGE is located on LEEDS ROAD in LANGLEY, in the ME17 postcode district. The below map shows the position of HEATH COTTAGE on LEEDS ROAD.