23, PAYNES LANE, MAIDSTONE, ME15 9QU - £897,500

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

23 PAYNES LANE is a small extended detached house of 102m², built sometime between 1930 and 1949. It was last sold for £897,500 in October 2023, which was around 62% above the average October 2023 detached price in the Maidstone local authority area. The most recent EPC inspection was July 2014, where the current energy rating was F, and the potential energy rating was D.

23 PAYNES LANE Sold Prices

Land registry data shows four sales for 23 PAYNES LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. Most of the four 23 PAYNES 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
2023 27 OCT	£897,500	£553,084	62% above HPI
2016 5 AUG	£435,000	£453,397	4% below HPI
2004 13 MAY	£324,000	£284,677	14% above HPI
1998 21 AUG	£167,500	£137,910	21% above HPI

23 PAYNES 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 four 23 PAYNES LANE sales between August 1998 and October 2023 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 August 2016 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2023 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 23 PAYNES LANE?

23 PAYNES LANE is 102m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 23 PAYNES LANE lies on this distribution: 29% of detached houses are smaller than 23 PAYNES LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

23 PAYNES LANE: Plot and Title Map

23 PAYNES LANE sits on a plot of roughly 0.223 of an acre, or 903m². The below map shows the location of 23 PAYNES 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 23 PAYNES 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 23 PAYNES LANE?

23 PAYNES LANE is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 23 on PAYNES LANE.