TRANQUIL COTTAGE, BROAD STREET, SUTTON VALENCE, MAIDSTONE, ME17 3AJ - £450,000

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

TRANQUIL COTTAGE is a midsized extended detached house of 140m², built sometime between 1983 and 1990. It was last sold for £450,000 in October 2020, which was around 8% below the average October 2020 detached price in the Maidstone local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

TRANQUIL COTTAGE Sold Prices

Land registry data shows two sales for TRANQUIL COTTAGE 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 TRANQUIL COTTAGE 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
2020 28 OCT	£450,000	£487,473	8% below HPI
2017 6 JAN	£448,000	£461,168	3% below HPI

TRANQUIL COTTAGE 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 TRANQUIL COTTAGE sales from January 2017 and October 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 January 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is TRANQUIL COTTAGE?

TRANQUIL COTTAGE is 140m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 50% of detached houses in Sutton Valence, based on EPC data. The below chart shows the distribution of detached houses by size in Sutton Valence, and where TRANQUIL COTTAGE lies on this distribution: 42% of detached houses are smaller than TRANQUIL COTTAGE, and 56% of houses are larger. Note that EPC data is not available for all properties in Sutton Valence.

TRANQUIL COTTAGE: Plot and Title Map

TRANQUIL COTTAGE sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of TRANQUIL COTTAGE, 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 TRANQUIL COTTAGE). 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 TRANQUIL COTTAGE?

TRANQUIL COTTAGE is located on BROAD STREET in SUTTON VALENCE, in the ME17 postcode district. The below map shows the position of TRANQUIL COTTAGE on BROAD STREET.