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

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

MIRACLE COTTAGE is a large extended detached house of 160m², built sometime between 1900 and 1929. It was last sold for £482,500 in August 2020, which was around 1% 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	£486,562	1% below HPI
1997 23 MAY	£134,000	£118,155	13% 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 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2020 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

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 in Kingswood, based on EPC data. The below chart shows the distribution of detached houses by size in Kingswood, and where MIRACLE COTTAGE lies on this distribution: 75% of detached houses are smaller than MIRACLE COTTAGE, and 25% 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.