13, WOODCUT, PENENDEN HEATH, MAIDSTONE, ME14 2EQ - £215,000

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 WOODCUT is a very small detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £478,604. It was last sold for £215,000 in December 2002, which was around 23% below the average December 2002 detached price in the Maidstone local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was B.

13 WOODCUT Sold Prices

Land registry data shows two sales for 13 WOODCUT 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 13 WOODCUT 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
2002 10 DEC	£215,000	£278,194	23% below HPI
1998 27 NOV	£98,000	£158,620	38% below HPI

13 WOODCUT 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 13 WOODCUT sales from November 1998 and December 2002 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 November 1998 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the December 2002 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 13 WOODCUT be worth now?

13 WOODCUT might now be worth an estimated £478,604.

This is based on house price inflation of 122.6%, between December 2002 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 122.6% inflationary increase is applied to the most recent sale price for 13 WOODCUT of £215,000 on 10th December 2002. For the value to have increased from £215,000 to £478,604 over the 22 years to December 2024, the following assumptions must hold true:

• The value of 13 WOODCUT has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The December 2002 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 13 WOODCUT has not materially changed since December 2002.

How Large is 13 WOODCUT?

13 WOODCUT is 78m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% 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 WOODCUT lies on this distribution: 7% of detached houses houses are smaller than 13 WOODCUT, and 92% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

13 WOODCUT: Plot and Title Map

13 WOODCUT sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 13 WOODCUT, 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 WOODCUT). 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 WOODCUT?

13 WOODCUT is located in PENENDEN HEATH, in the ME14 postcode district. The below map shows the position of No. 13 on WOODCUT.