PINE TREES, ASHFORD ROAD, WEAVERING, MAIDSTONE, ME14 4AG - £495,000

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

PINE TREES is a large extended detached house of 145m², built sometime between 1950 and 1966. It was last sold for £495,000 in October 2023, which was around 11% below the average October 2023 detached price in the Maidstone local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

PINE TREES Sold Prices

Land registry data shows three sales for PINE TREES 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. All of the three PINE TREES 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
2023 27 OCT	£495,000	£553,084	11% below HPI
2023 27 JUN	£355,000	£545,546	35% below HPI
2015 9 FEB	£385,000	£387,625	1% below HPI

PINE TREES 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 PINE TREES sales between February 2015 and October 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 June 2023 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is PINE TREES?

PINE TREES is 145m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 30% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where PINE TREES lies on this distribution: 76% of detached houses are smaller than PINE TREES, and 24% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

PINE TREES: Plot and Title Map

PINE TREES sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of PINE TREES, 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 PINE TREES). 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 PINE TREES?

PINE TREES is located on ASHFORD ROAD in WEAVERING, in the ME14 postcode district. The below map shows the position of PINE TREES on ASHFORD ROAD.