16, LANCET LANE, MAIDSTONE, ME15 9RX - £937,500

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

16 LANCET LANE is a very large detached house of 380m², built sometime between 1991 and 1995. It was last sold for £937,500 in November 2020, which was around 74% above the average November 2020 detached price in the Maidstone local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was B.

16 LANCET LANE Sold Prices

Land registry data shows two sales for 16 LANCET LANE 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 16 LANCET LANE sales were 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
2020 3 NOV	£937,500	£538,814	74% above HPI
1996 14 JUN	£287,500	£117,658	144% above HPI

16 LANCET LANE 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 16 LANCET LANE sales from June 1996 and November 2020 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 1996 sale was for 144% above the HPI. So the extrapolation line tracks at 144% above the HPI over time, until the November 2020 sale, where it falls to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might 16 LANCET LANE be worth now?

16 LANCET LANE might now be worth an estimated £1,077,502.

This is based on house price inflation of 14.9%, between November 2020 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 14.9% inflationary increase is applied to the most recent sale price for 16 LANCET LANE of £937,500 on 3rd November 2020. For the value to have increased from £937,500 to £1,077,502 over the three years and eleven months to December 2024, the following assumptions must hold true:

• The value of 16 LANCET LANE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The November 2020 sale price of £937,500 represented a fair market value for the property.
• The size, condition, and specification of 16 LANCET LANE has not materially changed since November 2020.

How Large is 16 LANCET LANE?

16 LANCET LANE is 380m² according to the EPC inspection conducted in June 2018. This puts it in the largest 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 16 LANCET LANE lies on this distribution: More than 99% of detached houses houses are smaller than 16 LANCET LANE, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

16 LANCET LANE: Plot and Title Map

16 LANCET LANE sits on a plot of roughly 0.235 of an acre, or 952m². The below map shows the location of 16 LANCET LANE, 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 LANCET LANE). 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 LANCET LANE?

16 LANCET LANE is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 16 on LANCET LANE.