45, PENNINE WAY, DOWNSWOOD, MAIDSTONE, ME15 8UF - £390,000

45 PENNINE WAY is a very small detached house of 78m², built sometime between 1983 and 1990. It was last sold for £390,000 in October 2021, which was around 28% below the average October 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

45 PENNINE WAY Sold Prices

Land registry data shows two sales for 45 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 45 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
2021 25 OCT	£390,000	£538,195	28% below HPI
2014 13 JAN	£238,500	£352,937	32% below HPI

45 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 45 PENNINE WAY sales from January 2014 and October 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 January 2014 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the October 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 45 PENNINE WAY?

45 PENNINE WAY is 78m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 45 PENNINE WAY lies on this distribution: 7% of detached houses are smaller than 45 PENNINE WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

45 PENNINE WAY: Plot and Title Map

45 PENNINE WAY sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 45 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 45 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 45 PENNINE WAY?

45 PENNINE WAY is located in DOWNSWOOD, in the ME15 postcode district. The below map shows the position of No. 45 on PENNINE WAY.