5, PENNY CRESS GARDENS, MAIDSTONE, ME16 8JP - £362,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 PENNY CRESS GARDENS is a midsized detached house of 119m², built sometime between 1996 and 2002. It was last sold for £362,500 in November 2014, which was around 14% below the average November 2014 detached price in the Maidstone local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

5 PENNY CRESS GARDENS Sold Prices

Land registry data shows three sales for 5 PENNY CRESS GARDENS 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. Two of the three 5 PENNY CRESS GARDENS sales were for below the average price, whilst one was 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
2014 21 NOV	£362,500	£422,852	14% below HPI
2007 6 JUN	£332,500	£375,356	11% below HPI
2000 31 MAR	£199,950	£185,876	8% above HPI

5 PENNY CRESS GARDENS 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 PENNY CRESS GARDENS sales between March 2000 and November 2014 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 June 2007 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 PENNY CRESS GARDENS be worth now?

5 PENNY CRESS GARDENS might now be worth an estimated £530,891.

This is based on house price inflation of 46.5%, between November 2014 and December 2024, 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 46.5% inflationary increase is applied to the most recent sale price for 5 PENNY CRESS GARDENS of £362,500 on 21st November 2014. For the value to have increased from £362,500 to £530,891 over the nine years and eleven months to December 2024, the following assumptions must hold true:

• The value of 5 PENNY CRESS GARDENS has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The November 2014 sale price of £362,500 represented a fair market value for the property.
• The size, condition, and specification of 5 PENNY CRESS GARDENS has not materially changed since November 2014.

How Large is 5 PENNY CRESS GARDENS?

5 PENNY CRESS GARDENS is 119m² according to the EPC inspection conducted in February 2014. This puts it in the largest 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 PENNY CRESS GARDENS lies on this distribution: 49% of detached houses houses are smaller than 5 PENNY CRESS GARDENS, and 50% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

5 PENNY CRESS GARDENS: Plot and Title Map

5 PENNY CRESS GARDENS sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 5 PENNY CRESS GARDENS, 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 PENNY CRESS GARDENS). 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 PENNY CRESS GARDENS?

5 PENNY CRESS GARDENS is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 5 on PENNY CRESS GARDENS.