16A, ELDER CLOSE, KINGSWOOD, MAIDSTONE, ME17 3PR - £305,000

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.

16A ELDER CLOSE is a small detached house of 97m², which could now be worth an estimated £471,266. It was last sold for £305,000 in August 2014, which was around 26% below the average August 2014 detached price in the Maidstone local authority area. The most recent EPC inspection was December 2011, where the current energy rating was C, and the potential energy rating was C.

16A ELDER CLOSE Sold Prices

Land registry data shows two sales for 16A ELDER 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. Both of the two 16A ELDER CLOSE 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
2014 8 AUG	£305,000	£410,914	26% below HPI
2012 29 FEB	£249,595	£356,299	30% below HPI

16A ELDER 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 16A ELDER CLOSE sales from February 2012 and August 2014 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 February 2012 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2014 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 16A ELDER CLOSE be worth now?

16A ELDER CLOSE might now be worth an estimated £471,266.

This is based on house price inflation of 54.5%, between August 2014 and February 2025, 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 54.5% inflationary increase is applied to the most recent sale price for 16A ELDER CLOSE of £305,000 on 8th August 2014. For the value to have increased from £305,000 to £471,266 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 16A ELDER CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The August 2014 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 16A ELDER CLOSE has not materially changed since August 2014.

How Large is 16A ELDER CLOSE?

16A ELDER CLOSE is 97m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 40% of detached houses houses in Kingswood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kingswood, and where 16A ELDER CLOSE lies on this distribution: 34% of detached houses houses are smaller than 16A ELDER CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Kingswood.

16A ELDER CLOSE: Plot and Title Map

16A ELDER CLOSE sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of 16A ELDER 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 16A ELDER 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 16A ELDER CLOSE?

16A ELDER CLOSE is located in KINGSWOOD, in the ME17 postcode district. The below map shows the position of No. 16A on ELDER CLOSE.