REDRUTH, BROOMFIELD ROAD, KINGSWOOD, MAIDSTONE, ME17 3NY - £515,000

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

REDRUTH is a very large extended detached house of 193m², built sometime between 1967 and 1975. It was last sold for £515,000 in May 2017, which was around 13% above the average May 2017 detached price in the Maidstone local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was C.

REDRUTH Sold Prices

Land registry data shows two sales for REDRUTH 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 REDRUTH sales were 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
2017 26 MAY	£515,000	£457,339	13% above HPI
2016 17 OCT	£510,000	£455,225	12% above HPI

REDRUTH 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 REDRUTH sales from October 2016 and May 2017 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 2016 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2017 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is REDRUTH?

REDRUTH is 193m², which includes four extensions, according to the EPC inspection conducted in September 2023. This puts it in the largest 20% of detached houses in Kingswood, based on EPC data. The below chart shows the distribution of detached houses by size in Kingswood, and where REDRUTH lies on this distribution: 83% of detached houses are smaller than REDRUTH, and 17% of houses are larger. Note that EPC data is not available for all properties in Kingswood.

REDRUTH: Plot and Title Map

REDRUTH sits on a plot of roughly 0.655 of an acre, or 2,653m². The below map shows the location of REDRUTH, 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 REDRUTH). 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 REDRUTH?

REDRUTH is located on BROOMFIELD ROAD in KINGSWOOD, in the ME17 postcode district. The below map shows the position of REDRUTH on BROOMFIELD ROAD.