THE CROFT, SHEPHERDS WAY, LANGLEY, MAIDSTONE, ME17 3LJ - £355,000

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

THE CROFT is a very small detached house of 51m², built sometime between 2003 and 2006. It was last sold for £355,000 in July 2021, which was around 27% below the average July 2021 detached price in the Maidstone local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

THE CROFT Sold Prices

Land registry data shows three sales for THE CROFT 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 CROFT 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
2021 27 JUL	£355,000	£489,541	27% below HPI
2016 23 MAR	£265,000	£445,032	40% below HPI
2005 8 NOV	£199,000	£302,622	34% below HPI

THE CROFT 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 CROFT sales between November 2005 and July 2021 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 March 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is THE CROFT?

THE CROFT is 51m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 10% 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 THE CROFT lies on this distribution: Less than 1% of detached houses are smaller than THE CROFT, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Langley Heath.

THE CROFT: Plot and Title Map

THE CROFT sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of THE CROFT, 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 CROFT). 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 CROFT?

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