1, PAYNES LANE, MAIDSTONE, ME15 9QT - £500,000

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.

1 PAYNES LANE is a large extended semi-detached house of 146m², built sometime between 1976 and 1982, which could now be worth an estimated £599,111. It was last sold for £500,000 in April 2021, which was around 54% above the average April 2021 semi-detached price in the Maidstone local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

1 PAYNES LANE Sold Prices

Land registry data shows two sales for 1 PAYNES LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Maidstone local authority area for the corresponding sale date. Both of the two 1 PAYNES LANE 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
2021 12 APR	£500,000	£323,784	54% above HPI
2005 27 MAY	£249,000	£199,860	25% above HPI

1 PAYNES LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maidstone local authority area over time, sourced from the HPI. The two 1 PAYNES LANE sales from May 2005 and April 2021 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 May 2005 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the April 2021 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 1 PAYNES LANE be worth now?

1 PAYNES LANE might now be worth an estimated £599,111.

This is based on house price inflation of 19.8%, between April 2021 and February 2025, for semi-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 19.8% inflationary increase is applied to the most recent sale price for 1 PAYNES LANE of £500,000 on 12th April 2021. For the value to have increased from £500,000 to £599,111 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 1 PAYNES LANE has moved in line with the HPI for semi-detached houses in the Maidstone local authority area.
• The April 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PAYNES LANE has not materially changed since April 2021.

How Large is 1 PAYNES LANE?

1 PAYNES LANE is 146m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 30% of semi-detached houses houses in Maidstone, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Maidstone, and where 1 PAYNES LANE lies on this distribution: 76% of semi-detached houses houses are smaller than 1 PAYNES LANE, and 23% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

1 PAYNES LANE: Plot and Title Map

1 PAYNES LANE sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 1 PAYNES 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 1 PAYNES 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 1 PAYNES LANE?

1 PAYNES LANE is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 1 on PAYNES LANE.