LUGANO, CRIPPLE STREET, MAIDSTONE, ME15 6BA - £494,000

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

LUGANO is a very large extended detached house of 167m², built sometime between 1950 and 1966. It was last sold for £494,000 in March 2017, which was around 8% above the average March 2017 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 B.

LUGANO Sold Prices

Land registry data shows two sales for LUGANO 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. One of the two LUGANO sales was for above the average price, whilst the other 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
2017 6 MAR	£494,000	£458,812	8% above HPI
2013 28 JUN	£224,000	£322,959	31% below HPI

LUGANO 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 LUGANO sales from June 2013 and March 2017 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 June 2013 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2017 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is LUGANO?

LUGANO is 167m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 20% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where LUGANO lies on this distribution: 86% of detached houses are smaller than LUGANO, and 14% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

LUGANO: Plot and Title Map

LUGANO sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of LUGANO, 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 LUGANO). 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 LUGANO?

LUGANO is located on CRIPPLE STREET in MAIDSTONE, in the ME15 postcode district. The below map shows the position of LUGANO on CRIPPLE STREET.