SPRINGHEAD, SALTS LANE, LOOSE, MAIDSTONE, ME15 0BD - £365,000

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.

SPRINGHEAD is a very large extended detached house of 197m², built sometime before 1900, which could now be worth an estimated £1,321,358. It was last sold for £365,000 in November 1999, which was around 108% above the average November 1999 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2022, where the current energy rating was F, and the potential energy rating was C.

SPRINGHEAD Sold Prices

Land registry data shows two sales for SPRINGHEAD 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 SPRINGHEAD sales were for above 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
1999 18 NOV	£365,000	£175,384	108% above HPI
1996 11 OCT	£225,000	£121,523	85% above HPI

SPRINGHEAD 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 SPRINGHEAD sales from October 1996 and November 1999 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 October 1996 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the November 1999 sale, where it rises to 108% above the HPI. The line then continues to track at 108% above the HPI.

What might SPRINGHEAD be worth now?

SPRINGHEAD might now be worth an estimated £1,321,358.

This is based on house price inflation of 262%, between November 1999 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 262% inflationary increase is applied to the most recent sale price for SPRINGHEAD of £365,000 on 18th November 1999. For the value to have increased from £365,000 to £1,321,358 over the 26 years and nine months to February 2025, the following assumptions must hold true:

• The value of SPRINGHEAD has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The November 1999 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of SPRINGHEAD has not materially changed since November 1999.

How Large is SPRINGHEAD?

SPRINGHEAD is 197m², which includes three extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 20% of detached houses houses in Loose, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loose, and where SPRINGHEAD lies on this distribution: 85% of detached houses houses are smaller than SPRINGHEAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Loose.

SPRINGHEAD: Plot and Title Map

SPRINGHEAD sits on a plot of roughly 0.522 of an acre, or 2,114m². The below map shows the location of SPRINGHEAD, 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 SPRINGHEAD). 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 SPRINGHEAD?

SPRINGHEAD is located on SALTS LANE in LOOSE, in the ME15 postcode district. The below map shows the position of SPRINGHEAD on SALTS LANE.