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

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

23 PAYNES LANE is a small extended detached house of 102m², built sometime between 1930 and 1949, which could now be worth an estimated £912,133. It was last sold for £897,500 in October 2023, which was around 47% 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	£609,343	47% above HPI
2016 5 AUG	£435,000	£502,891	14% below HPI
2004 13 MAY	£324,000	£315,753	3% above HPI
1998 21 AUG	£167,500	£152,965	10% 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2023 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 23 PAYNES LANE be worth now?

23 PAYNES LANE might now be worth an estimated £912,133.

This is based on house price inflation of 1.6%, between October 2023 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 1.6% inflationary increase is applied to the most recent sale price for 23 PAYNES LANE of £897,500 on 27th October 2023. For the value to have increased from £897,500 to £912,133 over the ten months to December 2024, the following assumptions must hold true:

• The value of 23 PAYNES LANE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The October 2023 sale price of £897,500 represented a fair market value for the property.
• The size, condition, and specification of 23 PAYNES LANE has not materially changed since October 2023.

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 houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Maidstone, and where 23 PAYNES LANE lies on this distribution: 29% of detached houses 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.