3, JOY WOOD, BOUGHTON MONCHELSEA, MAIDSTONE, ME17 4JY - £370,000

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 JOY WOOD is a very large extended detached house of 163m², built sometime between 1996 and 2002, which could now be worth an estimated £475,919. It was last sold for £370,000 in March 2016, which was around 25% below the average March 2016 detached price in the Maidstone local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

3 JOY WOOD Sold Prices

Land registry data shows two sales for 3 JOY WOOD 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 3 JOY WOOD 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
2016 31 MAR	£370,000	£493,613	25% below HPI
2002 18 DEC	£249,995	£278,194	10% below HPI

3 JOY WOOD 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 3 JOY WOOD sales from December 2002 and March 2016 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 December 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the March 2016 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 JOY WOOD be worth now?

3 JOY WOOD might now be worth an estimated £475,919.

This is based on house price inflation of 28.6%, between March 2016 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 28.6% inflationary increase is applied to the most recent sale price for 3 JOY WOOD of £370,000 on 31st March 2016. For the value to have increased from £370,000 to £475,919 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 3 JOY WOOD has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The March 2016 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 3 JOY WOOD has not materially changed since March 2016.

How Large is 3 JOY WOOD?

3 JOY WOOD is 163m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 20% 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 3 JOY WOOD lies on this distribution: 84% of detached houses houses are smaller than 3 JOY WOOD, and 15% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

3 JOY WOOD: Plot and Title Map

3 JOY WOOD sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of 3 JOY WOOD, 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 JOY WOOD). 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 JOY WOOD?

3 JOY WOOD is located in BOUGHTON MONCHELSEA, in the ME17 postcode district. The below map shows the position of No. 3 on JOY WOOD.