38, MELVILLE ROAD, MAIDSTONE, ME15 7UR - £285,000

38 MELVILLE ROAD is a small extended detached house of 110m², built sometime between 1967 and 1975. It was last sold for £285,000 in May 2023, which was around 52% below the average May 2023 detached price in the Maidstone local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

38 MELVILLE ROAD Sold Prices

Land registry data shows two sales for 38 MELVILLE ROAD 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 38 MELVILLE ROAD 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
2023 18 MAY	£285,000	£590,084	52% below HPI
2008 29 MAY	£215,000	£342,287	37% below HPI

38 MELVILLE ROAD 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 38 MELVILLE ROAD sales from May 2008 and May 2023 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 May 2008 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2023 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 38 MELVILLE ROAD?

38 MELVILLE ROAD is 110m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 40% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 38 MELVILLE ROAD lies on this distribution: 38% of detached houses are smaller than 38 MELVILLE ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

38 MELVILLE ROAD: Plot and Title Map

38 MELVILLE ROAD sits on a plot of roughly 0.034 of an acre, or 136m². The below map shows the location of 38 MELVILLE ROAD, 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 38 MELVILLE ROAD). 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 38 MELVILLE ROAD?

38 MELVILLE ROAD is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 38 on MELVILLE ROAD.