SHAMA, COLLEGE AVENUE, MAIDSTONE, ME15 6YJ - £575,000

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

SHAMA is a large detached house of 138m², built sometime between 1950 and 1966. It was last sold for £575,000 in April 2023, which was about the average April 2023 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

SHAMA Sold Prices

Land registry data shows two sales for SHAMA 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 SHAMA sales was roughly equal to 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
2023 14 APR	£575,000	£574,105	Close to HPI
2020 17 JUL	£450,000	£485,194	7% below HPI

SHAMA 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 SHAMA sales from July 2020 and April 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 July 2020 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2023 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 SHAMA?

SHAMA is 138m² according to the EPC inspection conducted in August 2019. 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 SHAMA lies on this distribution: 70% of detached houses are smaller than SHAMA, and 29% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

SHAMA: Plot and Title Map

SHAMA sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of SHAMA, 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 SHAMA). 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 SHAMA?

SHAMA is located on COLLEGE AVENUE in MAIDSTONE, in the ME15 postcode district. The below map shows the position of SHAMA on COLLEGE AVENUE.