15, GREENWICH CLOSE, MAIDSTONE, ME16 0JA - £590,000

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

15 GREENWICH CLOSE is a small detached house of 101m², built sometime between 1976 and 1982. It was last sold for £590,000 in December 2022, which was around 7% below the average December 2022 detached price in the Maidstone local authority area. The most recent EPC inspection was June 2016, where the current energy rating was C, and the potential energy rating was B.

15 GREENWICH CLOSE Sold Prices

Land registry data shows two sales for 15 GREENWICH CLOSE 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. One of the two 15 GREENWICH CLOSE sales was for below the average price, whilst the other was roughly equal to 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
2022 16 DEC	£590,000	£634,569	7% below HPI
2017 24 MAR	£510,000	£508,898	Close to HPI

15 GREENWICH 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 two 15 GREENWICH CLOSE sales from March 2017 and December 2022 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 March 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the December 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 15 GREENWICH CLOSE be worth now?

15 GREENWICH CLOSE might now be worth an estimated £575,783.

This is based on house price deflation of 2.4%, between December 2022 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 2.4% deflationary decrease is applied to the most recent sale price for 15 GREENWICH CLOSE of £590,000 on 16th December 2022. For the value to have decreased from £590,000 to £575,783 over the two years to December 2024, the following assumptions must hold true:

• The value of 15 GREENWICH CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The December 2022 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GREENWICH CLOSE has not materially changed since December 2022.

How Large is 15 GREENWICH CLOSE?

15 GREENWICH CLOSE is 101m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 30% 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 15 GREENWICH CLOSE lies on this distribution: 28% of detached houses houses are smaller than 15 GREENWICH CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

15 GREENWICH CLOSE: Plot and Title Map

15 GREENWICH CLOSE sits on a plot of roughly 0.181 of an acre, or 731m². The below map shows the location of 15 GREENWICH 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 15 GREENWICH 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 15 GREENWICH CLOSE?

15 GREENWICH CLOSE is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 15 on GREENWICH CLOSE.