THE OAKS, HEATH ROAD, BOUGHTON MONCHELSEA, MAIDSTONE, ME17 4HU - £420,000

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

THE OAKS is a large extended detached house of 135m², built sometime between 1950 and 1966. It was last sold for £420,000 in October 2016, which was around 8% below the average October 2016 detached price in the Maidstone local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

THE OAKS Sold Prices

Land registry data shows three sales for THE OAKS 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. One of the three THE OAKS sales was for below the average price, whilst two were for above 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
2016 14 OCT	£420,000	£455,225	8% below HPI
2006 6 JAN	£325,000	£296,858	9% above HPI
1995 29 SEP	£128,000	£106,191	21% above HPI

THE OAKS 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 THE OAKS sales between September 1995 and October 2016 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 January 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2016 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is THE OAKS?

THE OAKS is 135m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 40% of detached houses in Boughton Monchelsea, based on EPC data. The below chart shows the distribution of detached houses by size in Boughton Monchelsea, and where THE OAKS lies on this distribution: 66% of detached houses are smaller than THE OAKS, and 34% of houses are larger. Note that EPC data is not available for all properties in Boughton Monchelsea.

THE OAKS: Plot and Title Map

THE OAKS sits on a plot of roughly 0.191 of an acre, or 773m². The below map shows the location of THE OAKS, 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 THE OAKS). 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 THE OAKS?

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