3, GRAMPIAN WAY, DOWNSWOOD, MAIDSTONE, ME15 8TG - £286,000

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.

3 GRAMPIAN WAY is a very small semi-detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £333,790. It was last sold for £286,000 in July 2021, which was around 14% below the average July 2021 semi-detached price in the Maidstone local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

3 GRAMPIAN WAY Sold Prices

Land registry data shows five sales for 3 GRAMPIAN WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Maidstone local authority area for the corresponding sale date. All of the five 3 GRAMPIAN WAY 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
2021 13 JUL	£286,000	£332,419	14% below HPI
2018 28 SEP	£268,000	£335,436	20% below HPI
2016 23 JUN	£257,500	£293,924	12% below HPI
2006 2 JUN	£182,500	£212,779	14% below HPI
1996 27 SEP	£62,500	£69,883	11% below HPI

3 GRAMPIAN WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maidstone local authority area over time, sourced from the HPI. The five 3 GRAMPIAN WAY sales between September 1996 and July 2021 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 September 2018 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the July 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 3 GRAMPIAN WAY be worth now?

3 GRAMPIAN WAY might now be worth an estimated £333,790.

This is based on house price inflation of 16.7%, between July 2021 and February 2025, for semi-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 16.7% inflationary increase is applied to the most recent sale price for 3 GRAMPIAN WAY of £286,000 on 13th July 2021. For the value to have increased from £286,000 to £333,790 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 3 GRAMPIAN WAY has moved in line with the HPI for semi-detached houses in the Maidstone local authority area.
• The July 2021 sale price of £286,000 represented a fair market value for the property.
• The size, condition, and specification of 3 GRAMPIAN WAY has not materially changed since July 2021.

How Large is 3 GRAMPIAN WAY?

3 GRAMPIAN WAY is 72m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of semi-detached houses houses in Maidstone, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Maidstone, and where 3 GRAMPIAN WAY lies on this distribution: 5% of semi-detached houses houses are smaller than 3 GRAMPIAN WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

3 GRAMPIAN WAY: Plot and Title Map

3 GRAMPIAN WAY sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 3 GRAMPIAN WAY, 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 3 GRAMPIAN WAY). 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 3 GRAMPIAN WAY?

3 GRAMPIAN WAY is located in DOWNSWOOD, in the ME15 postcode district. The below map shows the position of No. 3 on GRAMPIAN WAY.