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7 Mays Lane, Methven, Ashburton, 4 Bedrooms, 0 Bathrooms, House

Sold: $825,000

Sold on 2024 Year 2024 Month 09 Day 06

7 Mays Lane, Methven, Ashburton

4
260m2
1219m2

Nestled down a private lane, this impressive 4-bedroom, freehold property boasts a spacious floor area of 260sqm on a level 1219sqm section. Constructed in 2002 with solid brick walls and an iron roof, both in good condition, the home exudes warmth and light. It features an open-plan kitchen, dining, and living area at its heart, with three bedrooms having built-in wardrobes and a large master bedroom with an ensuite, walk-in wardrobe, and sliding doors opening to a private patio with a spa pool. The property includes a separate office and 2 car parks, all set in a quiet cul-de-sac. The capital value has shown a growth of 19.64% from $560,000 in 2018 to $670,000 in 2021, with a HouGarden AVM estimate of $675,000. Notably, the property was sold for $550,000 in 2016 and $445,000 in 2008, reflecting its increasing desirability. Within the school zones of highly-rated institutions such as Villa Maria College (Decile 9) and Methven School (Decile 9), this family-friendly home offers an ideal setting for both comfort and education.

Updated on September 06, 2024

Council Data

Last update : 2025 01 22
Improvement value$585,000Increased by 30% from year 2021
Land value$245,000Increased by 11% from year 2021
CV(Year 2024 Month 07)$830,000Increased by 23% from year 2021
View typeNo appreciable view
ContourLevel
Land area1219m²
Floor area260m²
Decade of construction2002
TitleCB42B/690
Type of titleFreehold
Legal descriptionLOT 2 DP 73277
CouncilAshburton
Estate descriptionFSIM,1/1,LOT 2 DEPOSITED PLAN 73277,1219m2
ConstructionExternal Walls: Brick
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningResidential C

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Methven School
1.18 km
Primary
1-6
Government
Co-Educational
EQI: 423
9
Mount Hutt College
1.28 km
Secondary
7-15
Government
Co-Educational
EQI: 436
9
Ashburton Christian School
33.12 km
Combined
1-10
Government
Co-Educational
EQI: 435
6
St Thomas of Canterbury College
74.58 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Villa Maria College
75.57 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Craighead Diocesan School
90.70 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 405
9

Property history

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For developers

Unitary plan:Residential C
Land:1219m²
Title:Freehold

Surrounding facilities

Mays Lane Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
51 Spaxton Street, Methven
0.18 km
4
1
100m2
Year 2024 Month 10 Day 18
$660,000
Council approved
119 Forest Drive, Methven
0.19 km
4
3
-m2
Year 2024 Month 09 Day 06
$1,700,000
Council approved
15 Carr Street, Methven
0.25 km
3
119m2
Year 2024 Month 09 Day 06
$420,000
Council approved
0.23 km
2
115m2
Year 2024 Month 08 Day 09
$610,000
Council approved
2 Farquhar Place, Methven
0.30 km
3
1
-m2
Year 2024 Month 08 Day 08
$536,952
Council approved

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