36, PENNINE WAY, DOWNSWOOD, MAIDSTONE, ME15 8UG - £375,000

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.

36 PENNINE WAY is a small semi-detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £472,718. It was last sold for £375,000 in February 2017, which was around 22% above the average February 2017 semi-detached price in the Maidstone local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

36 PENNINE WAY Sold Prices

Land registry data shows two sales for 36 PENNINE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Maidstone local authority area for the corresponding sale date. Both of the two 36 PENNINE WAY 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
2017 7 FEB	£375,000	£307,767	22% above HPI
2011 1 NOV	£249,000	£214,876	16% above HPI

36 PENNINE 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 two 36 PENNINE WAY sales from November 2011 and February 2017 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 November 2011 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the February 2017 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 36 PENNINE WAY be worth now?

36 PENNINE WAY might now be worth an estimated £472,718.

This is based on house price inflation of 26.1%, between February 2017 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 26.1% inflationary increase is applied to the most recent sale price for 36 PENNINE WAY of £375,000 on 7th February 2017. For the value to have increased from £375,000 to £472,718 over the eight years to February 2025, the following assumptions must hold true:

• The value of 36 PENNINE WAY has moved in line with the HPI for semi-detached houses in the Maidstone local authority area.
• The February 2017 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 36 PENNINE WAY has not materially changed since February 2017.

How Large is 36 PENNINE WAY?

36 PENNINE WAY is 101m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 30% 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 36 PENNINE WAY lies on this distribution: 28% of semi-detached houses houses are smaller than 36 PENNINE WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

36 PENNINE WAY: Plot and Title Map

36 PENNINE WAY sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 36 PENNINE 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 36 PENNINE 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 36 PENNINE WAY?

36 PENNINE WAY is located in DOWNSWOOD, in the ME15 postcode district. The below map shows the position of No. 36 on PENNINE WAY.