43, PENNINE WAY, DOWNSWOOD, MAIDSTONE, ME15 8UF - £248,000

43 PENNINE WAY is a small extended detached house of 94m², built sometime between 1976 and 1982. It was last sold for £248,000 in November 2012, which was around 24% below the average November 2012 detached price in the Maidstone local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

43 PENNINE WAY Sold Prices

Land registry data shows two sales for 43 PENNINE WAY 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 43 PENNINE WAY 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
2012 30 NOV	£248,000	£327,313	24% below HPI
2005 30 JUN	£220,000	£296,613	26% below HPI

43 PENNINE WAY 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 43 PENNINE WAY sales from June 2005 and November 2012 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 2005 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2012 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 43 PENNINE WAY?

43 PENNINE WAY is 94m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 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 43 PENNINE WAY lies on this distribution: 22% of detached houses are smaller than 43 PENNINE WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

43 PENNINE WAY: Plot and Title Map

43 PENNINE WAY sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 43 PENNINE WAY, 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 43 PENNINE WAY). 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 43 PENNINE WAY?

43 PENNINE WAY is located in DOWNSWOOD, in the ME15 postcode district. The below map shows the position of No. 43 on PENNINE WAY.