RISELAND, LEEDS ROAD, LANGLEY, MAIDSTONE, ME17 3JN - £475,000

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

RISELAND is a very small extended detached house of 88m², built sometime between 1930 and 1949. It was last sold for £475,000 in December 2019, which was about the average December 2019 detached price in the Maidstone local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

RISELAND Sold Prices

Land registry data shows three sales for RISELAND 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. The three RISELAND sales were a mix of roughly equal to the average price, and 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
2019 17 DEC	£475,000	£472,938	Close to HPI
2014 10 MAR	£330,000	£358,169	8% below HPI
2000 21 JUL	£165,000	£178,250	7% below HPI

RISELAND 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 RISELAND sales between July 2000 and December 2019 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 March 2014 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2019 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is RISELAND?

RISELAND is 88m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 20% of detached houses in Langley Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Langley Heath, and where RISELAND lies on this distribution: 19% of detached houses are smaller than RISELAND, and 81% of houses are larger. Note that EPC data is not available for all properties in Langley Heath.

RISELAND: Plot and Title Map

RISELAND sits on a plot of roughly 0.461 of an acre, or 1,867m². The below map shows the location of RISELAND, 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 RISELAND). 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 RISELAND?

RISELAND is located on LEEDS ROAD in LANGLEY, in the ME17 postcode district. The below map shows the position of RISELAND on LEEDS ROAD.