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

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

THE CROFT is a very small detached house of 51m², built sometime between 2003 and 2006, which could now be worth an estimated £404,883. It was last sold for £355,000 in July 2021, which was around 35% 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	£542,981	35% below HPI
2016 23 MAR	£265,000	£493,613	46% below HPI
2005 8 NOV	£199,000	£335,658	41% 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 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the July 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might THE CROFT be worth now?

THE CROFT might now be worth an estimated £404,883.

This is based on house price inflation of 14.1%, between July 2021 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 14.1% inflationary increase is applied to the most recent sale price for THE CROFT of £355,000 on 27th July 2021. For the value to have increased from £355,000 to £404,883 over the two years and seven months to December 2024, the following assumptions must hold true:

• The value of THE CROFT has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The July 2021 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of THE CROFT has not materially changed since July 2021.

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 houses in Langley Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Langley Heath, and where THE CROFT lies on this distribution: Less than 1% of detached houses 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.