ROSEMARY, TRAPFIELD LANE, BEARSTED, MAIDSTONE, ME14 4EH - £725,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

ROSEMARY is a midsized extended detached house of 136m², built sometime between 1950 and 1966, which could now be worth an estimated £869,756. It was last sold for £725,000 in March 2020, which was around 37% above the average March 2020 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

ROSEMARY Sold Prices

Land registry data shows two sales for ROSEMARY 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 ROSEMARY sales was for above the average price, whilst the other was 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
2020 10 MAR	£725,000	£529,247	37% above HPI
1997 10 OCT	£117,000	£139,119	16% below HPI

ROSEMARY 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 ROSEMARY sales from October 1997 and March 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 October 1997 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2020 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might ROSEMARY be worth now?

ROSEMARY might now be worth an estimated £869,756.

This is based on house price inflation of 20%, between March 2020 and February 2025, for detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20% inflationary increase is applied to the most recent sale price for ROSEMARY of £725,000 on 10th March 2020. For the value to have increased from £725,000 to £869,756 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of ROSEMARY has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The March 2020 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of ROSEMARY has not materially changed since March 2020.

How Large is ROSEMARY?

ROSEMARY is 136m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 50% of detached houses houses in Bearsted, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bearsted, and where ROSEMARY lies on this distribution: 57% of detached houses houses are smaller than ROSEMARY, and 42% of houses are larger. Note that EPC data is not available for all properties in Bearsted.

ROSEMARY: Plot and Title Map

ROSEMARY sits on a plot of roughly 0.229 of an acre, or 925m². The below map shows the location of ROSEMARY, 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 ROSEMARY). 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 ROSEMARY?

ROSEMARY is located on TRAPFIELD LANE in BEARSTED, in the ME14 postcode district. The below map shows the position of ROSEMARY on TRAPFIELD LANE.