SPRINGVALE, SHEPHERDS WAY, LANGLEY, MAIDSTONE, ME17 3LJ - £625,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

SPRINGVALE is a midsized detached house of 117m², built sometime between 1950 and 1966. It was last sold for £625,000 in May 2023, which was around 12% above the average May 2023 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was C.

SPRINGVALE Sold Prices

Land registry data shows two sales for SPRINGVALE 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. One of the two SPRINGVALE sales was for above the average price, whilst the other was 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
2023 12 MAY	£625,000	£559,193	12% above HPI
2009 30 SEP	£200,000	£304,484	34% below HPI

SPRINGVALE 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 SPRINGVALE sales from September 2009 and May 2023 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 2009 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2023 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is SPRINGVALE?

SPRINGVALE is 117m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 50% of detached houses in Langley Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Langley Heath, and where SPRINGVALE lies on this distribution: 47% of detached houses are smaller than SPRINGVALE, and 52% of houses are larger. Note that EPC data is not available for all properties in Langley Heath.

SPRINGVALE: Plot and Title Map

SPRINGVALE sits on a plot of roughly 0.159 of an acre, or 642m². The below map shows the location of SPRINGVALE, 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 SPRINGVALE). 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 SPRINGVALE?

SPRINGVALE is located on SHEPHERDS WAY in LANGLEY, in the ME17 postcode district. The below map shows the position of SPRINGVALE on SHEPHERDS WAY.