78, OAKWOOD ROAD, MAIDSTONE, ME16 8AL - £500,000

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

78 OAKWOOD ROAD is a very large detached house of 156m², built sometime between 1950 and 1966. It was last sold for £500,000 in October 2018, which was around 10% below the average October 2018 detached price in the Maidstone local authority area. The most recent EPC inspection was March 2018, where the current energy rating was E, and the potential energy rating was D.

78 OAKWOOD ROAD Sold Prices

Land registry data shows two sales for 78 OAKWOOD ROAD 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 78 OAKWOOD ROAD 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
2018 9 OCT	£500,000	£552,806	10% below HPI
2006 8 SEP	£325,000	£359,858	10% below HPI

78 OAKWOOD ROAD 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 78 OAKWOOD ROAD sales from September 2006 and October 2018 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 September 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2018 sale, which was also at 10% below the HPI.

What might 78 OAKWOOD ROAD be worth now?

78 OAKWOOD ROAD might now be worth an estimated £560,122.

This is based on house price inflation of 12%, between October 2018 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 12% inflationary increase is applied to the most recent sale price for 78 OAKWOOD ROAD of £500,000 on 9th October 2018. For the value to have increased from £500,000 to £560,122 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of 78 OAKWOOD ROAD has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The October 2018 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 78 OAKWOOD ROAD has not materially changed since October 2018.

How Large is 78 OAKWOOD ROAD?

78 OAKWOOD ROAD is 156m² according to the EPC inspection conducted in March 2018. This puts it in the largest 20% 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 78 OAKWOOD ROAD lies on this distribution: 81% of detached houses houses are smaller than 78 OAKWOOD ROAD, and 19% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

78 OAKWOOD ROAD: Plot and Title Map

78 OAKWOOD ROAD sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of 78 OAKWOOD ROAD, 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 78 OAKWOOD ROAD). 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 78 OAKWOOD ROAD?

78 OAKWOOD ROAD is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 78 on OAKWOOD ROAD.