5, RIVER CLOSE, EAST FARLEIGH, MAIDSTONE, ME15 0JE - £515,000

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 RIVER CLOSE is a very small extended detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £527,190. It was last sold for £515,000 in May 2023, which was around 17% below the average May 2023 detached price in the Maidstone local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

5 RIVER CLOSE Sold Prices

Land registry data shows two sales for 5 RIVER 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 RIVER 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
2023 4 MAY	£515,000	£620,237	17% below HPI
2015 29 MAY	£310,500	£440,923	30% below HPI

5 RIVER 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 RIVER CLOSE sales from May 2015 and May 2023 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 May 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2023 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 5 RIVER CLOSE be worth now?

5 RIVER CLOSE might now be worth an estimated £527,190.

This is based on house price inflation of 2.4%, between May 2023 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 2.4% inflationary increase is applied to the most recent sale price for 5 RIVER CLOSE of £515,000 on 4th May 2023. For the value to have increased from £515,000 to £527,190 over the two years and three months to February 2025, the following assumptions must hold true:

• The value of 5 RIVER CLOSE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The May 2023 sale price of £515,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RIVER CLOSE has not materially changed since May 2023.

How Large is 5 RIVER CLOSE?

5 RIVER CLOSE is 116m², which includes three extensions, according to the EPC inspection conducted in February 2015. This puts it in the smallest 20% of detached houses houses in East Farleigh, based on EPC data. The below chart shows the distribution of detached houses houses by size in East Farleigh, and where 5 RIVER CLOSE lies on this distribution: 15% of detached houses houses are smaller than 5 RIVER CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in East Farleigh.

5 RIVER CLOSE: Plot and Title Map

5 RIVER CLOSE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 5 RIVER 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 RIVER 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 RIVER CLOSE?

5 RIVER CLOSE is located in EAST FARLEIGH, in the ME15 postcode district. The below map shows the position of No. 5 on RIVER CLOSE.