LONE OAK, OTHAM LANE, BEARSTED, MAIDSTONE, ME15 8SJ - £995,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

LONE OAK is a very large extended detached house of 461m², built sometime from 2007 onwards, which could now be worth an estimated £1,433,180. It was last sold for £995,000 in February 2015, which was around 131% above the average February 2015 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2014, where the current energy rating was B, and the potential energy rating was B.

LONE OAK Sold Prices

Land registry data shows two sales for LONE OAK 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 LONE OAK 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
2015 9 FEB	£995,000	£429,940	131% above HPI
2002 18 JUL	£300,000	£259,740	16% above HPI

LONE OAK 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 LONE OAK sales from July 2002 and February 2015 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 2002 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2015 sale, where it rises to 131% above the HPI. The line then continues to track at 131% above the HPI.

What might LONE OAK be worth now?

LONE OAK might now be worth an estimated £1,433,180.

This is based on house price inflation of 44%, between February 2015 and December 2024, for detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 44% inflationary increase is applied to the most recent sale price for LONE OAK of £995,000 on 9th February 2015. For the value to have increased from £995,000 to £1,433,180 over the eight years and two months to December 2024, the following assumptions must hold true:

• The value of LONE OAK has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The February 2015 sale price of £995,000 represented a fair market value for the property.
• The size, condition, and specification of LONE OAK has not materially changed since February 2015.

How Large is LONE OAK?

LONE OAK is 461m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 10% of detached houses houses in Bearsted, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bearsted, and where LONE OAK lies on this distribution: More than 99% of detached houses houses are smaller than LONE OAK, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Bearsted.

LONE OAK: Plot and Title Map

LONE OAK sits on a plot of roughly 0.824 of an acre, or 3,336m². The below map shows the location of LONE OAK, 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 LONE OAK). 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 LONE OAK?

LONE OAK is located on OTHAM LANE in BEARSTED, in the ME15 postcode district. The below map shows the position of LONE OAK on OTHAM LANE.