8, THE WEAVERS, MAIDSTONE, ME16 0NZ - £350,000

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.

8 THE WEAVERS is a small detached house of 93m², built sometime between 1991 and 1995, which could now be worth an estimated £493,012. It was last sold for £350,000 in July 2015, which was around 22% below the average July 2015 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

8 THE WEAVERS Sold Prices

Land registry data shows three sales for 8 THE WEAVERS 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 8 THE WEAVERS 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
2015 16 JUL	£350,000	£450,742	22% below HPI
2003 22 DEC	£225,000	£309,998	27% below HPI
2000 17 JUL	£147,995	£197,709	25% below HPI

8 THE WEAVERS 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 8 THE WEAVERS sales between July 2000 and July 2015 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 December 2003 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2015 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 8 THE WEAVERS be worth now?

8 THE WEAVERS might now be worth an estimated £493,012.

This is based on house price inflation of 40.9%, between July 2015 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 40.9% inflationary increase is applied to the most recent sale price for 8 THE WEAVERS of £350,000 on 16th July 2015. For the value to have increased from £350,000 to £493,012 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 8 THE WEAVERS has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The July 2015 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE WEAVERS has not materially changed since July 2015.

How Large is 8 THE WEAVERS?

8 THE WEAVERS is 93m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 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 8 THE WEAVERS lies on this distribution: 21% of detached houses houses are smaller than 8 THE WEAVERS, and 78% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

8 THE WEAVERS: Plot and Title Map

8 THE WEAVERS sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 8 THE WEAVERS, 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 8 THE WEAVERS). 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 8 THE WEAVERS?

8 THE WEAVERS is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 8 on THE WEAVERS.