3, PEAR TREE LANE, MAIDSTONE, ME15 9QY - £620,000

3 PEAR TREE LANE is a large extended detached house of 137m², built sometime between 1950 and 1966. It was last sold for £620,000 in August 2021, which was around 17% above the average August 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

3 PEAR TREE LANE Sold Prices

Land registry data shows three sales for 3 PEAR TREE LANE 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. All of the three 3 PEAR TREE LANE 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 5 AUG	£620,000	£527,784	17% above HPI
2015 1 JUN	£500,000	£405,090	23% above HPI
2004 6 AUG	£330,500	£292,745	13% above HPI

3 PEAR TREE LANE 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 3 PEAR TREE LANE sales between August 2004 and August 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 2015 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2021 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 3 PEAR TREE LANE?

3 PEAR TREE LANE is 137m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 30% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 3 PEAR TREE LANE lies on this distribution: 70% of detached houses are smaller than 3 PEAR TREE LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

3 PEAR TREE LANE: Plot and Title Map

3 PEAR TREE LANE sits on a plot of roughly 0.168 of an acre, or 681m². The below map shows the location of 3 PEAR TREE LANE, 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 3 PEAR TREE LANE). 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 3 PEAR TREE LANE?

3 PEAR TREE LANE is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 3 on PEAR TREE LANE.