5, JOY WOOD, BOUGHTON MONCHELSEA, MAIDSTONE, ME17 4JY - £450,000

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.

5 JOY WOOD is a midsized detached house of 117m², built sometime between 1996 and 2002, which could now be worth an estimated £539,777. It was last sold for £450,000 in July 2017, which was around 15% below the average July 2017 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

5 JOY WOOD Sold Prices

Land registry data shows three sales for 5 JOY WOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the three 5 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
2017 24 JUL	£450,000	£529,317	15% below HPI
2004 13 FEB	£275,000	£310,961	12% below HPI
1999 14 DEC	£175,000	£176,025	1% below HPI

5 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 three 5 JOY WOOD sales between December 1999 and July 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 February 2004 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 5 JOY WOOD be worth now?

5 JOY WOOD might now be worth an estimated £539,777.

This is based on house price inflation of 20%, between July 2017 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 5 JOY WOOD of £450,000 on 24th July 2017. For the value to have increased from £450,000 to £539,777 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 5 JOY WOOD has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The July 2017 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 5 JOY WOOD has not materially changed since July 2017.

How Large is 5 JOY WOOD?

5 JOY WOOD is 117m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 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 5 JOY WOOD lies on this distribution: 47% of detached houses houses are smaller than 5 JOY WOOD, and 53% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

5 JOY WOOD: Plot and Title Map

5 JOY WOOD sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 5 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 5 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 5 JOY WOOD?

5 JOY WOOD is located in BOUGHTON MONCHELSEA, in the ME17 postcode district. The below map shows the position of No. 5 on JOY WOOD.