2, ROMNEY CLOSE, BEARSTED, MAIDSTONE, ME14 4LU - £420,000

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.

2 ROMNEY CLOSE is a midsized extended detached house of 118m², built sometime between 1967 and 1975, which could now be worth an estimated £505,808. It was last sold for £420,000 in May 2017, which was around 17% below the average May 2017 detached price in the Maidstone local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

2 ROMNEY CLOSE Sold Prices

Land registry data shows one sale for 2 ROMNEY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Maidstone local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 10 MAY	£420,000	£507,264	17% below HPI

What might 2 ROMNEY CLOSE be worth now?

2 ROMNEY CLOSE might now be worth an estimated £505,808.

This is based on house price inflation of 20.4%, between May 2017 and May 2026, for detached 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 20.4% inflationary increase is applied to the most recent sale price for 2 ROMNEY CLOSE of £420,000 on 10th May 2017. For the value to have increased from £420,000 to £505,808 over the nine years to May 2026, the following assumptions must hold true:

• The value of 2 ROMNEY CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The May 2017 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ROMNEY CLOSE has not materially changed since May 2017.

How Large is 2 ROMNEY CLOSE?

2 ROMNEY CLOSE is 118m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 50% of detached houses in Bearsted, based on EPC data. The below chart shows the distribution of detached houses by size in Bearsted, and where 2 ROMNEY CLOSE lies on this distribution: 41% of detached houses are smaller than 2 ROMNEY CLOSE, and 58% of detached houses are larger. Note that EPC data is not available for all properties in Bearsted.

2 ROMNEY CLOSE: Plot

2 ROMNEY CLOSE sits on a plot of roughly 0.154 of an acre, or 625m².

Where is 2 ROMNEY CLOSE?

2 ROMNEY CLOSE is located in BEARSTED, in the ME14 postcode district.