5, MEADES CLOSE, MARDEN, TONBRIDGE, TN12 9QG - £430,000

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 MEADES CLOSE is a very small detached house of 83m², built sometime between 1983 and 1990, which could now be worth an estimated £490,706. It was last sold for £430,000 in October 2021, which was around 23% below the average October 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

5 MEADES CLOSE Sold Prices

Land registry data shows three sales for 5 MEADES CLOSE 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 MEADES 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
2021 29 OCT	£430,000	£556,371	23% below HPI
2016 1 JUL	£380,000	£493,927	23% below HPI
1997 5 SEP	£94,500	£136,542	31% below HPI

5 MEADES 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 three 5 MEADES CLOSE sales between September 1997 and October 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 July 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2021 sale, which was also at 23% below the HPI.

What might 5 MEADES CLOSE be worth now?

5 MEADES CLOSE might now be worth an estimated £490,706.

This is based on house price inflation of 14.1%, between October 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 14.1% inflationary increase is applied to the most recent sale price for 5 MEADES CLOSE of £430,000 on 29th October 2021. For the value to have increased from £430,000 to £490,706 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 MEADES CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The October 2021 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MEADES CLOSE has not materially changed since October 2021.

How Large is 5 MEADES CLOSE?

5 MEADES CLOSE is 83m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses houses in Marden, based on EPC data. The below chart shows the distribution of detached houses houses by size in Marden, and where 5 MEADES CLOSE lies on this distribution: 1% of detached houses houses are smaller than 5 MEADES CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Marden.

5 MEADES CLOSE: Plot and Title Map

5 MEADES CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 5 MEADES 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 MEADES 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 MEADES CLOSE?

5 MEADES CLOSE is located in MARDEN, in the TN12 postcode district. The below map shows the position of No. 5 on MEADES CLOSE.