MIDCREST, WOODLAND WAY, PENENDEN HEATH, MAIDSTONE, ME14 2EU - £243,000

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

MIDCREST is a very small detached house of 88m², built sometime between 1930 and 1949. It was last sold for £243,000 in April 2008, which was around 30% below the average April 2008 detached price in the Maidstone local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

MIDCREST Sold Prices

Land registry data shows two sales for MIDCREST 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 MIDCREST sales were 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
2008 25 APR	£243,000	£346,819	30% below HPI
2002 17 MAY	£179,000	£216,125	17% below HPI

MIDCREST 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 MIDCREST sales from May 2002 and April 2008 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 May 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2008 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is MIDCREST?

MIDCREST is 88m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 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 MIDCREST lies on this distribution: 17% of detached houses are smaller than MIDCREST, and 83% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

MIDCREST: Plot and Title Map

MIDCREST sits on a plot of roughly 0.161 of an acre, or 651m². The below map shows the location of MIDCREST, 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 MIDCREST). 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 MIDCREST?

MIDCREST is located on WOODLAND WAY in PENENDEN HEATH, in the ME14 postcode district. The below map shows the position of MIDCREST on WOODLAND WAY.