RUSSETTS, HEATH ROAD, BOUGHTON MONCHELSEA, MAIDSTONE, ME17 4HU - £230,000

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.

RUSSETTS is a very small detached house of 61m², built sometime between 1950 and 1966, which could now be worth an estimated £407,753. It was last sold for £230,000 in August 2011, which was around 36% below the average August 2011 detached price in the Maidstone local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

RUSSETTS Sold Prices

Land registry data shows two sales for RUSSETTS 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 RUSSETTS 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
2011 5 AUG	£230,000	£358,136	36% below HPI
2005 24 JUN	£220,000	£328,993	33% below HPI

RUSSETTS 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 RUSSETTS sales from June 2005 and August 2011 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 2005 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2011 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might RUSSETTS be worth now?

RUSSETTS might now be worth an estimated £407,753.

This is based on house price inflation of 77.3%, between August 2011 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 77.3% inflationary increase is applied to the most recent sale price for RUSSETTS of £230,000 on 5th August 2011. For the value to have increased from £230,000 to £407,753 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of RUSSETTS has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The August 2011 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of RUSSETTS has not materially changed since August 2011.

How Large is RUSSETTS?

RUSSETTS is 61m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses houses in Boughton Monchelsea, based on EPC data. The below chart shows the distribution of detached houses houses by size in Boughton Monchelsea, and where RUSSETTS lies on this distribution: Less than 1% of detached houses houses are smaller than RUSSETTS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Boughton Monchelsea.

RUSSETTS: Plot and Title Map

RUSSETTS sits on a plot of roughly 0.206 of an acre, or 835m². The below map shows the location of RUSSETTS, 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 RUSSETTS). 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 RUSSETTS?

RUSSETTS is located on HEATH ROAD in BOUGHTON MONCHELSEA, in the ME17 postcode district. The below map shows the position of RUSSETTS on HEATH ROAD.