3, LOCKHAM FARM AVENUE, BOUGHTON MONCHELSEA, MAIDSTONE, ME17 4SE - £357,500

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.

3 LOCKHAM FARM AVENUE is a very small extended detached house of 89m², built sometime between 1996 and 2002, which could now be worth an estimated £428,879. It was last sold for £357,500 in March 2021, which was around 32% below the average March 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

3 LOCKHAM FARM AVENUE Sold Prices

Land registry data shows five sales for 3 LOCKHAM FARM AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the five 3 LOCKHAM FARM AVENUE 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 12 MAR	£357,500	£529,247	32% below HPI
2013 4 SEP	£237,500	£379,538	37% below HPI
2006 7 APR	£225,000	£342,388	34% below HPI
2004 30 JUN	£215,000	£317,254	32% below HPI
2000 31 MAR	£140,000	£185,876	25% below HPI

3 LOCKHAM FARM AVENUE 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 five 3 LOCKHAM FARM AVENUE sales between March 2000 and March 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 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 3 LOCKHAM FARM AVENUE be worth now?

3 LOCKHAM FARM AVENUE might now be worth an estimated £428,879.

This is based on house price inflation of 20%, between March 2021 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 3 LOCKHAM FARM AVENUE of £357,500 on 12th March 2021. For the value to have increased from £357,500 to £428,879 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 3 LOCKHAM FARM AVENUE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The March 2021 sale price of £357,500 represented a fair market value for the property.
• The size, condition, and specification of 3 LOCKHAM FARM AVENUE has not materially changed since March 2021.

How Large is 3 LOCKHAM FARM AVENUE?

3 LOCKHAM FARM AVENUE is 89m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 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 LOCKHAM FARM AVENUE lies on this distribution: 17% of detached houses houses are smaller than 3 LOCKHAM FARM AVENUE, and 82% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

3 LOCKHAM FARM AVENUE: Plot and Title Map

3 LOCKHAM FARM AVENUE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 3 LOCKHAM FARM AVENUE, 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 LOCKHAM FARM AVENUE). 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 LOCKHAM FARM AVENUE?

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