16, GRAMPIAN WAY, DOWNSWOOD, MAIDSTONE, ME15 8TG - £435,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 GRAMPIAN WAY is a very small detached house of 84m², built sometime between 1983 and 1990. It was last sold for £435,000 in November 2022, which was around 23% below the average November 2022 detached price in the Maidstone local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

16 GRAMPIAN WAY Sold Prices

Land registry data shows three sales for 16 GRAMPIAN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the three 16 GRAMPIAN WAY 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
2022 25 NOV	£435,000	£566,833	23% below HPI
2016 23 MAR	£330,000	£445,032	26% below HPI
2011 7 OCT	£228,000	£328,985	31% below HPI

16 GRAMPIAN WAY 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 three 16 GRAMPIAN WAY sales between October 2011 and November 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 2016 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 16 GRAMPIAN WAY?

16 GRAMPIAN WAY is 84m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 20% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 16 GRAMPIAN WAY lies on this distribution: 13% of detached houses are smaller than 16 GRAMPIAN WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

16 GRAMPIAN WAY: Plot and Title Map

16 GRAMPIAN WAY sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 16 GRAMPIAN WAY, 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 16 GRAMPIAN WAY). 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 16 GRAMPIAN WAY?

16 GRAMPIAN WAY is located in DOWNSWOOD, in the ME15 postcode district. The below map shows the position of No. 16 on GRAMPIAN WAY.