HEATH VIEW, FARADAY ROAD, PENENDEN HEATH, MAIDSTONE, ME14 2DB - £775,000

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 VIEW is a very large detached house of 222m², built sometime between 1996 and 2002. It was last sold for £775,000 in August 2018, which was around 57% above the average August 2018 detached price in the Maidstone local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was C.

HEATH VIEW Sold Prices

Land registry data shows four sales for HEATH VIEW 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 HEATH VIEW sales were 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
2018 6 AUG	£775,000	£495,035	57% above HPI
2007 12 JUL	£600,000	£342,818	75% above HPI
2006 20 OCT	£350,000	£323,084	8% above HPI
1995 9 JUN	£112,000	£103,979	8% above HPI

HEATH VIEW 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 HEATH VIEW sales between June 1995 and August 2018 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 July 2007 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the August 2018 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is HEATH VIEW?

HEATH VIEW is 222m² according to the EPC inspection conducted in February 2016. This puts it in the largest 10% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where HEATH VIEW lies on this distribution: 97% of detached houses are smaller than HEATH VIEW, and 3% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

HEATH VIEW: Plot and Title Map

HEATH VIEW sits on a plot of roughly 0.259 of an acre, or 1,050m². The below map shows the location of HEATH VIEW, 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 VIEW). 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 VIEW?

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