2, OLD DRIVE, MAIDSTONE, ME15 9SE - £442,500

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.

2 OLD DRIVE is a midsized detached house of 112m², built sometime between 1967 and 1975, which could now be worth an estimated £530,851. It was last sold for £442,500 in March 2020, which was around 16% below the average March 2020 detached price in the Maidstone local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

2 OLD DRIVE Sold Prices

Land registry data shows two sales for 2 OLD DRIVE 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 2 OLD DRIVE 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
2020 20 MAR	£442,500	£529,247	16% below HPI
2009 26 OCT	£275,000	£348,356	21% below HPI

2 OLD DRIVE 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 2 OLD DRIVE sales from October 2009 and March 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 October 2009 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2020 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 2 OLD DRIVE be worth now?

2 OLD DRIVE might now be worth an estimated £530,851.

This is based on house price inflation of 20%, between March 2020 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 20% inflationary increase is applied to the most recent sale price for 2 OLD DRIVE of £442,500 on 20th March 2020. For the value to have increased from £442,500 to £530,851 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 2 OLD DRIVE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The March 2020 sale price of £442,500 represented a fair market value for the property.
• The size, condition, and specification of 2 OLD DRIVE has not materially changed since March 2020.

How Large is 2 OLD DRIVE?

2 OLD DRIVE is 112m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 50% 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 2 OLD DRIVE lies on this distribution: 40% of detached houses houses are smaller than 2 OLD DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

2 OLD DRIVE: Plot and Title Map

2 OLD DRIVE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 2 OLD DRIVE, 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 2 OLD DRIVE). 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 2 OLD DRIVE?

2 OLD DRIVE is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 2 on OLD DRIVE.