8, OAKTREE AVENUE, MAIDSTONE, ME15 9AX - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 OAKTREE AVENUE is a very small terraced house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £267,502. It was last sold for £220,000 in February 2020, which was around 11% below the average February 2020 terraced price in the Maidstone local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

8 OAKTREE AVENUE Sold Prices

Land registry data shows three sales for 8 OAKTREE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Maidstone local authority area for the corresponding sale date. All of the three 8 OAKTREE AVENUE 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
2020 7 FEB	£220,000	£246,684	11% below HPI
2005 21 NOV	£134,000	£162,866	18% below HPI
2002 28 JAN	£40,320	£98,929	59% below HPI

8 OAKTREE AVENUE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Maidstone local authority area over time, sourced from the HPI. The three 8 OAKTREE AVENUE sales between January 2002 and February 2020 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 November 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 8 OAKTREE AVENUE be worth now?

8 OAKTREE AVENUE might now be worth an estimated £267,502.

This is based on house price inflation of 21.6%, between February 2020 and August 2025, for terraced houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.6% inflationary increase is applied to the most recent sale price for 8 OAKTREE AVENUE of £220,000 on 7th February 2020. For the value to have increased from £220,000 to £267,502 over the four years and six months to August 2025, the following assumptions must hold true:

• The value of 8 OAKTREE AVENUE has moved in line with the HPI for terraced houses in the Maidstone local authority area.
• The February 2020 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OAKTREE AVENUE has not materially changed since February 2020.

How Large is 8 OAKTREE AVENUE?

8 OAKTREE AVENUE is 71m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% of terraced houses houses in Maidstone, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Maidstone, and where 8 OAKTREE AVENUE lies on this distribution: 5% of terraced houses houses are smaller than 8 OAKTREE AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

8 OAKTREE AVENUE: Plot and Title Map

8 OAKTREE AVENUE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 8 OAKTREE AVENUE, 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 8 OAKTREE AVENUE). 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 8 OAKTREE AVENUE?

8 OAKTREE AVENUE is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 8 on OAKTREE AVENUE.