LOUTRAKI, GRASSLANDS, LANGLEY, MAIDSTONE, ME17 3JJ - £330,000

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

LOUTRAKI is a midsized extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £330,000 in November 2014, which was around 13% below the average November 2014 detached price in the Maidstone local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

LOUTRAKI Sold Prices

Land registry data shows three sales for LOUTRAKI 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 LOUTRAKI 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
2014 4 NOV	£330,000	£381,235	13% below HPI
2010 29 OCT	£345,000	£333,895	3% above HPI
2001 29 NOV	£125,000	£205,612	39% below HPI

LOUTRAKI 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 LOUTRAKI sales between November 2001 and November 2014 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 2010 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2014 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is LOUTRAKI?

LOUTRAKI is 125m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the largest 50% 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 LOUTRAKI lies on this distribution: 57% of detached houses are smaller than LOUTRAKI, and 43% of houses are larger. Note that EPC data is not available for all properties in Langley Heath.

LOUTRAKI: Plot and Title Map

LOUTRAKI sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of LOUTRAKI, 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 LOUTRAKI). 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 LOUTRAKI?

LOUTRAKI is located on GRASSLANDS in LANGLEY, in the ME17 postcode district. The below map shows the position of LOUTRAKI on GRASSLANDS.