1, WOODCUT, PENENDEN HEATH, MAIDSTONE, ME14 2EQ - £417,500

1 WOODCUT is a midsized detached house of 123m², built sometime between 1967 and 1975. It was last sold for £417,500 in November 2019, which was around 14% below the average November 2019 detached price in the Maidstone local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

1 WOODCUT Sold Prices

Land registry data shows two sales for 1 WOODCUT 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 1 WOODCUT 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
2019 4 NOV	£417,500	£483,535	14% below HPI
2018 5 JAN	£295,000	£487,226	39% below HPI

1 WOODCUT 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 1 WOODCUT sales from January 2018 and November 2019 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 2018 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2019 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 1 WOODCUT?

1 WOODCUT is 123m² according to the EPC inspection conducted in October 2017. This puts it in the largest 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 1 WOODCUT lies on this distribution: 54% of detached houses are smaller than 1 WOODCUT, and 45% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

1 WOODCUT: Plot and Title Map

1 WOODCUT sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 1 WOODCUT, 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 WOODCUT). 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 WOODCUT?

1 WOODCUT is located in PENENDEN HEATH, in the ME14 postcode district. The below map shows the position of No. 1 on WOODCUT.