7, HORSESHOES LANE, LANGLEY, MAIDSTONE, ME17 1SR - £495,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 HORSESHOES LANE is a small detached house of 103m², built sometime between 1967 and 1975. It was last sold for £495,000 in September 2022, which was around 11% below the average September 2022 detached price in the Maidstone local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

7 HORSESHOES LANE Sold Prices

Land registry data shows two sales for 7 HORSESHOES LANE 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 7 HORSESHOES LANE 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 16 SEP	£495,000	£556,923	11% below HPI
2015 9 JAN	£360,000	£386,288	7% below HPI

7 HORSESHOES LANE 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 7 HORSESHOES LANE sales from January 2015 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 January 2015 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2022 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 7 HORSESHOES LANE?

7 HORSESHOES LANE is 103m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of detached houses in Langley Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Langley Heath, and where 7 HORSESHOES LANE lies on this distribution: 36% of detached houses are smaller than 7 HORSESHOES LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Langley Heath.

7 HORSESHOES LANE: Plot and Title Map

7 HORSESHOES LANE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 7 HORSESHOES LANE, 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 7 HORSESHOES LANE). 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 7 HORSESHOES LANE?

7 HORSESHOES LANE is located in LANGLEY, in the ME17 postcode district. The below map shows the position of No. 7 on HORSESHOES LANE.