15, WATERSMEET CLOSE, MAIDSTONE, ME15 6GW - £180,000

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.

15 WATERSMEET CLOSE is a very small semi-detached house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £328,451. It was last sold for £180,000 in March 2012, which was around 15% below the average March 2012 semi-detached price in the Maidstone local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

15 WATERSMEET CLOSE Sold Prices

Land registry data shows three sales for 15 WATERSMEET CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Maidstone local authority area for the corresponding sale date. Two of the three 15 WATERSMEET CLOSE sales were for below the average price, whilst one was 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
2012 23 MAR	£180,000	£212,615	15% below HPI
2006 12 MAY	£184,995	£209,816	12% below HPI
2002 22 MAR	£137,402	£131,776	4% above HPI

15 WATERSMEET CLOSE 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 three 15 WATERSMEET CLOSE sales between March 2002 and March 2012 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 2006 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the March 2012 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 15 WATERSMEET CLOSE be worth now?

15 WATERSMEET CLOSE might now be worth an estimated £328,451.

This is based on house price inflation of 82.5%, between March 2012 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 82.5% inflationary increase is applied to the most recent sale price for 15 WATERSMEET CLOSE of £180,000 on 23rd March 2012. For the value to have increased from £180,000 to £328,451 over the thirteen years and one month to February 2025, the following assumptions must hold true:

• The value of 15 WATERSMEET CLOSE has moved in line with the HPI for semi-detached houses in the Maidstone local authority area.
• The March 2012 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WATERSMEET CLOSE has not materially changed since March 2012.

How Large is 15 WATERSMEET CLOSE?

15 WATERSMEET CLOSE is 66m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% 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 15 WATERSMEET CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 15 WATERSMEET CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

15 WATERSMEET CLOSE: Plot and Title Map

15 WATERSMEET CLOSE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 15 WATERSMEET 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 WATERSMEET 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 WATERSMEET CLOSE?

15 WATERSMEET CLOSE is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 15 on WATERSMEET CLOSE.