PEACE, QUEENS ROAD, MAIDSTONE, ME16 0JD - £385,000

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

PEACE is a midsized detached house of 122m², built sometime between 1967 and 1975. It was last sold for £385,000 in January 2022, which was around 33% below the average January 2022 detached price in the Maidstone local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

PEACE Sold Prices

Land registry data shows three sales for PEACE 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 PEACE 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 14 JAN	£385,000	£571,552	33% below HPI
2004 6 APR	£292,000	£315,440	7% below HPI
1999 20 OCT	£150,000	£174,456	14% below HPI

PEACE 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 PEACE sales between October 1999 and January 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 April 2004 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might PEACE be worth now?

PEACE might now be worth an estimated £417,148.

This is based on house price inflation of 8.4%, between January 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 8.4% inflationary increase is applied to the most recent sale price for PEACE of £385,000 on 14th January 2022. For the value to have increased from £385,000 to £417,148 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of PEACE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The January 2022 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of PEACE has not materially changed since January 2022.

How Large is PEACE?

PEACE is 122m² according to the EPC inspection conducted in October 2015. This puts it in the largest 50% 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 PEACE lies on this distribution: 53% of detached houses houses are smaller than PEACE, and 46% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

PEACE: Plot and Title Map

PEACE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of PEACE, 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 PEACE). 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 PEACE?

PEACE is located on QUEENS ROAD in MAIDSTONE, in the ME16 postcode district. The below map shows the position of PEACE on QUEENS ROAD.