5, THE SPIRES, MAIDSTONE, ME16 0JE - £610,000

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 THE SPIRES is a large extended detached house of 140m², built sometime between 1967 and 1975, which could now be worth an estimated £611,541. It was last sold for £610,000 in September 2022, which was around 1% below the average September 2022 detached price in the Maidstone local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

5 THE SPIRES Sold Prices

Land registry data shows three sales for 5 THE SPIRES 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 THE SPIRES 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
2022 2 SEP	£610,000	£617,718	1% below HPI
2008 10 JUL	£310,000	£368,060	16% below HPI
1996 29 AUG	£118,000	£120,845	2% below HPI

5 THE SPIRES 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 THE SPIRES sales between August 1996 and September 2022 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 2008 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 5 THE SPIRES be worth now?

5 THE SPIRES might now be worth an estimated £611,541.

This is based on house price inflation of 0.3%, between September 2022 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 0.3% inflationary increase is applied to the most recent sale price for 5 THE SPIRES of £610,000 on 2nd September 2022. For the value to have increased from £610,000 to £611,541 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 5 THE SPIRES has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The September 2022 sale price of £610,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE SPIRES has not materially changed since September 2022.

How Large is 5 THE SPIRES?

5 THE SPIRES is 140m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 30% 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 THE SPIRES lies on this distribution: 72% of detached houses houses are smaller than 5 THE SPIRES, and 27% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

5 THE SPIRES: Plot and Title Map

5 THE SPIRES sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 5 THE SPIRES, 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 THE SPIRES). 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 THE SPIRES?

5 THE SPIRES is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 5 on THE SPIRES.