FERN BANK, OLD LOOSE HILL, LOOSE, MAIDSTONE, ME15 0BN - £815,000

FERN BANK is a large extended detached house of 164m², built sometime before 1900. It was last sold for £815,000 in April 2023, which was around 42% above the average April 2023 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was C.

FERN BANK Sold Prices

Land registry data shows two sales for FERN BANK 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 FERN BANK sales were for above 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 5 APR	£815,000	£574,313	42% above HPI
2015 14 AUG	£650,000	£413,420	57% above HPI

FERN BANK 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 FERN BANK sales from August 2015 and April 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 August 2015 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the April 2023 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is FERN BANK?

FERN BANK is 164m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 30% of detached houses in Loose, based on EPC data. The below chart shows the distribution of detached houses by size in Loose, and where FERN BANK lies on this distribution: 74% of detached houses are smaller than FERN BANK, and 25% of houses are larger. Note that EPC data is not available for all properties in Loose.

FERN BANK: Plot and Title Map

FERN BANK sits on a plot of roughly 0.200 of an acre, or 809m². The below map shows the location of FERN BANK, 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 FERN BANK). 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 FERN BANK?

FERN BANK is located on OLD LOOSE HILL in LOOSE, in the ME15 postcode district. The below map shows the position of FERN BANK on OLD LOOSE HILL.