1, MITCHELL CLOSE, LENHAM, MAIDSTONE, ME17 2AE - £325,000

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.

1 MITCHELL CLOSE is a very small terraced house of 85m², built sometime between 1991 and 1995, which could now be worth an estimated £376,526. It was last sold for £325,000 in April 2021, which was around 27% above the average April 2021 terraced price in the Maidstone local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

1 MITCHELL CLOSE Sold Prices

Land registry data shows six sales for 1 MITCHELL CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Maidstone local authority area for the corresponding sale date. All of the six 1 MITCHELL CLOSE sales 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
2021 28 APR	£325,000	£256,394	27% above HPI
2004 17 JUN	£187,500	£150,811	24% above HPI
2003 2 OCT	£173,500	£135,008	29% above HPI
2001 27 JUN	£114,000	£93,516	22% above HPI
1998 24 APR	£91,500	£63,838	43% above HPI
1995 26 MAY	£72,250	£52,576	37% above HPI

1 MITCHELL CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Maidstone local authority area over time, sourced from the HPI. The six 1 MITCHELL CLOSE sales between May 1995 and April 2021 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 2004 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the April 2021 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 1 MITCHELL CLOSE be worth now?

1 MITCHELL CLOSE might now be worth an estimated £376,526.

This is based on house price inflation of 15.9%, between April 2021 and April 2026, for terraced 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 15.9% inflationary increase is applied to the most recent sale price for 1 MITCHELL CLOSE of £325,000 on 28th April 2021. For the value to have increased from £325,000 to £376,526 over the five years to April 2026, the following assumptions must hold true:

• The value of 1 MITCHELL CLOSE has moved in line with the HPI for terraced houses in the Maidstone local authority area.
• The April 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MITCHELL CLOSE has not materially changed since April 2021.

How Large is 1 MITCHELL CLOSE?

1 MITCHELL CLOSE is 85m² according to the EPC inspection conducted in October 2018. This puts it in the smallest 20% of terraced houses houses in Lenham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lenham, and where 1 MITCHELL CLOSE lies on this distribution: 12% of terraced houses houses are smaller than 1 MITCHELL CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Lenham.

1 MITCHELL CLOSE: Plot and Title Map

1 MITCHELL CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 1 MITCHELL CLOSE, 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 1 MITCHELL CLOSE). 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 1 MITCHELL CLOSE?

1 MITCHELL CLOSE is located in LENHAM, in the ME17 postcode district. The below map shows the position of No. 1 on MITCHELL CLOSE.