SUMMERFIELD, WARE STREET, WEAVERING, MAIDSTONE, ME14 5LA - £425,000

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

SUMMERFIELD is a midsized extended detached house of 112m², built sometime between 1950 and 1966. It was last sold for £425,000 in May 2011, which was around 35% above the average May 2011 detached price in the Maidstone local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

SUMMERFIELD Sold Prices

Land registry data shows two sales for SUMMERFIELD 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 SUMMERFIELD 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
2011 26 MAY	£425,000	£313,656	35% above HPI
2006 5 APR	£249,995	£308,690	19% below HPI

SUMMERFIELD 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 SUMMERFIELD sales from April 2006 and May 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 April 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2011 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is SUMMERFIELD?

SUMMERFIELD is 112m², which includes two extensions, according to the EPC inspection conducted in March 2011. This puts it in the smallest 50% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where SUMMERFIELD lies on this distribution: 42% of detached houses are smaller than SUMMERFIELD, and 58% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

SUMMERFIELD: Plot and Title Map

SUMMERFIELD sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of SUMMERFIELD, 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 SUMMERFIELD). 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 SUMMERFIELD?

SUMMERFIELD is located on WARE STREET in WEAVERING, in the ME14 postcode district. The below map shows the position of SUMMERFIELD on WARE STREET.