3, WEBBS CLOSE, MAIDSTONE, ME15 8WW - £420,000

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 WEBBS CLOSE is a midsized detached house of 120m², which could now be worth an estimated £494,121. It was last sold for £420,000 in August 2020, which was around 22% below the average August 2020 detached price in the Maidstone local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was A.

3 WEBBS CLOSE Sold Prices

Land registry data shows two sales for 3 WEBBS CLOSE 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 WEBBS CLOSE 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
2020 28 AUG	£420,000	£539,677	22% below HPI
2017 3 MAR	£424,995	£508,898	16% below HPI

3 WEBBS CLOSE 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 WEBBS CLOSE sales from March 2017 and August 2020 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 March 2017 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 3 WEBBS CLOSE be worth now?

3 WEBBS CLOSE might now be worth an estimated £494,121.

This is based on house price inflation of 17.6%, between August 2020 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 17.6% inflationary increase is applied to the most recent sale price for 3 WEBBS CLOSE of £420,000 on 28th August 2020. For the value to have increased from £420,000 to £494,121 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 3 WEBBS CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The August 2020 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WEBBS CLOSE has not materially changed since August 2020.

How Large is 3 WEBBS CLOSE?

3 WEBBS CLOSE is 120m² according to the EPC inspection conducted in February 2017. This puts it in the largest 50% 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 WEBBS CLOSE lies on this distribution: 50% of detached houses houses are smaller than 3 WEBBS CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

3 WEBBS CLOSE: Plot and Title Map

3 WEBBS CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 3 WEBBS CLOSE, 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 WEBBS CLOSE). 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 WEBBS CLOSE?

3 WEBBS CLOSE is located in MAIDSTONE, in the ME15 postcode district. The below map shows the position of No. 3 on WEBBS CLOSE.