THE COBBS, CRIPPLE STREET, MAIDSTONE, ME15 6BA - £505,000

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.

THE COBBS is a large detached house of 131m², built sometime between 1930 and 1949, which could now be worth an estimated £582,807. It was last sold for £505,000 in June 2018, which was around 6% below the average June 2018 detached price in the Maidstone local authority area. The most recent EPC inspection was January 2016, where the current energy rating was E, and the potential energy rating was C.

THE COBBS Sold Prices

Land registry data shows three sales for THE COBBS 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 THE COBBS 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
2018 18 JUN	£505,000	£539,829	6% below HPI
2014 24 JAN	£340,000	£391,465	13% below HPI
1996 30 APR	£102,500	£115,658	11% below HPI

THE COBBS 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 THE COBBS sales between April 1996 and June 2018 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 January 2014 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2018 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might THE COBBS be worth now?

THE COBBS might now be worth an estimated £582,807.

This is based on house price inflation of 15.4%, between June 2018 and March 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 15.4% inflationary increase is applied to the most recent sale price for THE COBBS of £505,000 on 18th June 2018. For the value to have increased from £505,000 to £582,807 over the seven years and three months to March 2025, the following assumptions must hold true:

• The value of THE COBBS has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The June 2018 sale price of £505,000 represented a fair market value for the property.
• The size, condition, and specification of THE COBBS has not materially changed since June 2018.

How Large is THE COBBS?

THE COBBS is 131m² according to the EPC inspection conducted in January 2016. This puts it in the largest 40% 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 THE COBBS lies on this distribution: 64% of detached houses houses are smaller than THE COBBS, and 35% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

THE COBBS: Plot and Title Map

THE COBBS sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of THE COBBS, 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 THE COBBS). 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 THE COBBS?

THE COBBS is located on CRIPPLE STREET in MAIDSTONE, in the ME15 postcode district. The below map shows the position of THE COBBS on CRIPPLE STREET.