5B, SCHOOL LANE, MAIDSTONE, ME15 8DU - £217,000

5B SCHOOL LANE is a small semi-detached house of 98m², built sometime between 1996 and 2002. It was last sold for £217,000 in June 2013, which was around 33% below the average June 2013 detached price in the Maidstone local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

5B SCHOOL LANE Sold Prices

Land registry data shows three sales for 5B SCHOOL 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 5B SCHOOL LANE 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
2013 6 JUN	£217,000	£322,959	33% below HPI
1997 5 SEP	£84,000	£123,103	32% below HPI
1996 7 JUN	£75,944	£106,078	28% below HPI

5B SCHOOL 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 5B SCHOOL LANE sales between June 1996 and June 2013 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 September 1997 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2013 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 5B SCHOOL LANE?

5B SCHOOL LANE is 98m² according to the EPC inspection conducted in April 2012. 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 5B SCHOOL LANE lies on this distribution: 25% of detached houses are smaller than 5B SCHOOL LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

5B SCHOOL LANE: Plot and Title Map

5B SCHOOL LANE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 5B SCHOOL 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 5B SCHOOL 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 5B SCHOOL LANE?

5B SCHOOL LANE is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 5B on SCHOOL LANE.