13, WATERMILL CLOSE, MAIDSTONE, ME16 0NE - £550,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

13 WATERMILL CLOSE is a midsized detached house of 113m², built sometime between 1991 and 1995, which could now be worth an estimated £562,421. It was last sold for £550,000 in December 2023, which was around 9% below the average December 2023 detached price in the Maidstone local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

13 WATERMILL CLOSE Sold Prices

Land registry data shows four sales for 13 WATERMILL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. Most of the four 13 WATERMILL CLOSE 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
2023 14 DEC	£550,000	£605,601	9% below HPI
2005 30 JUN	£295,000	£328,993	10% below HPI
2000 21 JAN	£175,000	£177,481	1% below HPI
1995 30 MAR	£121,350	£118,483	2% above HPI

13 WATERMILL CLOSE 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 four 13 WATERMILL CLOSE sales between March 1995 and December 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 June 2005 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 13 WATERMILL CLOSE be worth now?

13 WATERMILL CLOSE might now be worth an estimated £562,421.

This is based on house price inflation of 2.3%, between December 2023 and December 2024, 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 2.3% inflationary increase is applied to the most recent sale price for 13 WATERMILL CLOSE of £550,000 on 14th December 2023. For the value to have increased from £550,000 to £562,421 over the one year to December 2024, the following assumptions must hold true:

• The value of 13 WATERMILL CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The December 2023 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 13 WATERMILL CLOSE has not materially changed since December 2023.

How Large is 13 WATERMILL CLOSE?

13 WATERMILL CLOSE is 113m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 50% of detached houses houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Maidstone, and where 13 WATERMILL CLOSE lies on this distribution: 42% of detached houses houses are smaller than 13 WATERMILL CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

13 WATERMILL CLOSE: Plot and Title Map

13 WATERMILL CLOSE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 13 WATERMILL CLOSE, 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 13 WATERMILL CLOSE). 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 13 WATERMILL CLOSE?

13 WATERMILL CLOSE is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 13 on WATERMILL CLOSE.