NEWLANDS, WARMLAKE ROAD, CHART SUTTON, MAIDSTONE, ME17 3RP - £815,000

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

NEWLANDS is a very large extended detached house of 201m², built sometime between 1967 and 1975. It was last sold for £815,000 in August 2023, which was around 47% above the average August 2023 detached price in the Maidstone local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

NEWLANDS Sold Prices

Land registry data shows three sales for NEWLANDS 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. One of the three NEWLANDS sales was for above the average price, whilst two 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
2023 18 AUG	£815,000	£553,826	47% above HPI
2019 15 OCT	£422,500	£484,277	13% below HPI
2009 30 NOV	£315,000	£320,477	2% below HPI

NEWLANDS 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 NEWLANDS sales between November 2009 and August 2023 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 2019 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2023 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is NEWLANDS?

NEWLANDS is 201m², which includes two extensions, according to the EPC inspection conducted in December 2022. This puts it in the largest 10% of detached houses in Chart Sutton, based on EPC data. The below chart shows the distribution of detached houses by size in Chart Sutton, and where NEWLANDS lies on this distribution: 95% of detached houses are smaller than NEWLANDS, and 5% of houses are larger. Note that EPC data is not available for all properties in Chart Sutton.

NEWLANDS: Plot and Title Map

NEWLANDS sits on a plot of roughly 0.188 of an acre, or 763m². The below map shows the location of NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

NEWLANDS is located on WARMLAKE ROAD in CHART SUTTON, in the ME17 postcode district. The below map shows the position of NEWLANDS on WARMLAKE ROAD.