MIRACLE COTTAGE, GRAVELLY BOTTOM ROAD, KINGSWOOD, MAIDSTONE, ME17 3PZ - £482,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MIRACLE COTTAGE is a large extended detached house of 160m², built sometime between 1900 and 1929, which could now be worth an estimated £556,997. It was last sold for £482,500 in August 2020, which was around 11% below the average August 2020 detached price in the Maidstone local authority area. The most recent EPC inspection was October 2019, where the current energy rating was E, and the potential energy rating was C.

MIRACLE COTTAGE Sold Prices

Land registry data shows two sales for MIRACLE COTTAGE 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 MIRACLE COTTAGE sales was for below the average price, whilst the other 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
2020 11 AUG	£482,500	£539,677	11% below HPI
1997 23 MAY	£134,000	£131,053	2% above HPI

MIRACLE COTTAGE 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 MIRACLE COTTAGE sales from May 1997 and August 2020 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 1997 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might MIRACLE COTTAGE be worth now?

MIRACLE COTTAGE might now be worth an estimated £556,997.

This is based on house price inflation of 15.4%, between August 2020 and March 2025, 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 15.4% inflationary increase is applied to the most recent sale price for MIRACLE COTTAGE of £482,500 on 11th August 2020. For the value to have increased from £482,500 to £556,997 over the five years and five months to March 2025, the following assumptions must hold true:

• The value of MIRACLE COTTAGE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The August 2020 sale price of £482,500 represented a fair market value for the property.
• The size, condition, and specification of MIRACLE COTTAGE has not materially changed since August 2020.

How Large is MIRACLE COTTAGE?

MIRACLE COTTAGE is 160m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 30% of detached houses houses in Kingswood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kingswood, and where MIRACLE COTTAGE lies on this distribution: 76% of detached houses houses are smaller than MIRACLE COTTAGE, and 24% of houses are larger. Note that EPC data is not available for all properties in Kingswood.

MIRACLE COTTAGE: Plot and Title Map

MIRACLE COTTAGE sits on a plot of roughly 0.400 of an acre, or 1,620m². The below map shows the location of MIRACLE COTTAGE, 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 MIRACLE COTTAGE). 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 MIRACLE COTTAGE?

MIRACLE COTTAGE is located on GRAVELLY BOTTOM ROAD in KINGSWOOD, in the ME17 postcode district. The below map shows the position of MIRACLE COTTAGE on GRAVELLY BOTTOM ROAD.