5, GREENWICH CLOSE, MAIDSTONE, ME16 0JA - £412,500

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.

5 GREENWICH CLOSE is a very large detached house of 175m², built sometime between 1950 and 1966, which could now be worth an estimated £704,274. It was last sold for £412,500 in October 2011, which was around 13% above the average October 2011 detached price in the Maidstone local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

5 GREENWICH CLOSE Sold Prices

Land registry data shows two sales for 5 GREENWICH 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 5 GREENWICH CLOSE 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
2011 7 OCT	£412,500	£364,898	13% above HPI
1995 30 NOV	£163,000	£119,319	37% above HPI

5 GREENWICH 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 5 GREENWICH CLOSE sales from November 1995 and October 2011 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 1995 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2011 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 5 GREENWICH CLOSE be worth now?

5 GREENWICH CLOSE might now be worth an estimated £704,274.

This is based on house price inflation of 70.7%, between October 2011 and March 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 70.7% inflationary increase is applied to the most recent sale price for 5 GREENWICH CLOSE of £412,500 on 7th October 2011. For the value to have increased from £412,500 to £704,274 over the fourteen years and seven months to March 2025, the following assumptions must hold true:

• The value of 5 GREENWICH CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The October 2011 sale price of £412,500 represented a fair market value for the property.
• The size, condition, and specification of 5 GREENWICH CLOSE has not materially changed since October 2011.

How Large is 5 GREENWICH CLOSE?

5 GREENWICH CLOSE is 175m² according to the EPC inspection conducted in June 2011. 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 5 GREENWICH CLOSE lies on this distribution: 89% of detached houses houses are smaller than 5 GREENWICH CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

5 GREENWICH CLOSE: Plot and Title Map

5 GREENWICH CLOSE sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 5 GREENWICH 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 5 GREENWICH 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 5 GREENWICH CLOSE?

5 GREENWICH CLOSE is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 5 on GREENWICH CLOSE.