THREE ACRES, GROVE GREEN LANE, WEAVERING, MAIDSTONE, ME14 5JW - £490,000

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

THREE ACRES is a very small extended detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £603,404. It was last sold for £490,000 in August 2016, which was around 3% below the average August 2016 detached price in the Maidstone local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

THREE ACRES Sold Prices

Land registry data shows three sales for THREE ACRES 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 THREE ACRES 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
2016 2 AUG	£490,000	£502,891	3% below HPI
2004 7 JUL	£290,000	£320,600	10% below HPI
1997 7 MAR	£121,500	£128,126	5% below HPI

THREE ACRES 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 THREE ACRES sales between March 1997 and August 2016 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 July 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2016 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might THREE ACRES be worth now?

THREE ACRES might now be worth an estimated £603,404.

This is based on house price inflation of 23.1%, between August 2016 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 23.1% inflationary increase is applied to the most recent sale price for THREE ACRES of £490,000 on 2nd August 2016. For the value to have increased from £490,000 to £603,404 over the seven years and eight months to December 2024, the following assumptions must hold true:

• The value of THREE ACRES has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The August 2016 sale price of £490,000 represented a fair market value for the property.
• The size, condition, and specification of THREE ACRES has not materially changed since August 2016.

How Large is THREE ACRES?

THREE ACRES is 69m², which includes two extensions, according to the EPC inspection conducted in February 2010. This puts it in the smallest 10% 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 THREE ACRES lies on this distribution: 4% of detached houses houses are smaller than THREE ACRES, and 96% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

THREE ACRES: Plot and Title Map

THREE ACRES sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of THREE ACRES, 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 THREE ACRES). 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 THREE ACRES?

THREE ACRES is located on GROVE GREEN LANE in WEAVERING, in the ME14 postcode district. The below map shows the position of THREE ACRES on GROVE GREEN LANE.