5, OLD LOOSE CLOSE, LOOSE, MAIDSTONE, ME15 0BJ - £540,000

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 OLD LOOSE CLOSE is a large extended detached house of 165m², built sometime between 1967 and 1975, which could now be worth an estimated £676,518. It was last sold for £540,000 in November 2016, which was around 7% above the average November 2016 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

5 OLD LOOSE CLOSE Sold Prices

Land registry data shows two sales for 5 OLD LOOSE 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 OLD LOOSE 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
2016 7 NOV	£540,000	£506,795	7% above HPI
2013 21 MAR	£450,000	£373,308	21% above HPI

5 OLD LOOSE 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 OLD LOOSE CLOSE sales from March 2013 and November 2016 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 2013 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the November 2016 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 5 OLD LOOSE CLOSE be worth now?

5 OLD LOOSE CLOSE might now be worth an estimated £676,518.

This is based on house price inflation of 25.3%, between November 2016 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 25.3% inflationary increase is applied to the most recent sale price for 5 OLD LOOSE CLOSE of £540,000 on 7th November 2016. For the value to have increased from £540,000 to £676,518 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 5 OLD LOOSE CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The November 2016 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OLD LOOSE CLOSE has not materially changed since November 2016.

How Large is 5 OLD LOOSE CLOSE?

5 OLD LOOSE CLOSE is 165m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 30% of detached houses houses in Loose, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loose, and where 5 OLD LOOSE CLOSE lies on this distribution: 78% of detached houses houses are smaller than 5 OLD LOOSE CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Loose.

5 OLD LOOSE CLOSE: Plot and Title Map

5 OLD LOOSE CLOSE sits on a plot of roughly 0.232 of an acre, or 939m². The below map shows the location of 5 OLD LOOSE 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 OLD LOOSE 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 OLD LOOSE CLOSE?

5 OLD LOOSE CLOSE is located in LOOSE, in the ME15 postcode district. The below map shows the position of No. 5 on OLD LOOSE CLOSE.