MERRICK, ULCOMBE ROAD, LANGLEY, MAIDSTONE, ME17 3JE - £415,000

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.

MERRICK is a very small detached house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £521,848. It was last sold for £415,000 in October 2016, which was around 18% below the average October 2016 detached price in the Maidstone local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

MERRICK Sold Prices

Land registry data shows two sales for MERRICK 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 MERRICK 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
2016 18 OCT	£415,000	£504,919	18% below HPI
2007 20 JUN	£310,000	£375,356	17% below HPI

MERRICK 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 MERRICK sales from June 2007 and October 2016 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 June 2007 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might MERRICK be worth now?

MERRICK might now be worth an estimated £521,848.

This is based on house price inflation of 25.7%, between October 2016 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 25.7% inflationary increase is applied to the most recent sale price for MERRICK of £415,000 on 18th October 2016. For the value to have increased from £415,000 to £521,848 over the nine years and eight months to February 2025, the following assumptions must hold true:

• The value of MERRICK has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The October 2016 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of MERRICK has not materially changed since October 2016.

How Large is MERRICK?

MERRICK is 79m² according to the EPC inspection conducted in September 2010. This puts it in the smallest 10% of detached houses houses in Langley Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langley Heath, and where MERRICK lies on this distribution: 10% of detached houses houses are smaller than MERRICK, and 90% of houses are larger. Note that EPC data is not available for all properties in Langley Heath.

MERRICK: Plot and Title Map

MERRICK sits on a plot of roughly 0.221 of an acre, or 895m². The below map shows the location of MERRICK, 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 MERRICK). 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 MERRICK?

MERRICK is located on ULCOMBE ROAD in LANGLEY, in the ME17 postcode district. The below map shows the position of MERRICK on ULCOMBE ROAD.