VINE COTTAGE, WELL STREET, LOOSE, MAIDSTONE, ME15 0EJ - £393,000

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.

VINE COTTAGE is a small detached house of 106m², built sometime before 1900, which could now be worth an estimated £487,816. It was last sold for £393,000 in January 2017, which was around 23% below the average January 2017 detached price in the Maidstone local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

VINE COTTAGE Sold Prices

Land registry data shows two sales for VINE COTTAGE 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. Both of the two VINE COTTAGE 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
2017 6 JAN	£393,000	£511,510	23% below HPI
1996 5 NOV	£96,000	£120,986	21% below HPI

VINE COTTAGE 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 VINE COTTAGE sales from November 1996 and January 2017 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 November 1996 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2017 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might VINE COTTAGE be worth now?

VINE COTTAGE might now be worth an estimated £487,816.

This is based on house price inflation of 24.1%, between January 2017 and February 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 24.1% inflationary increase is applied to the most recent sale price for VINE COTTAGE of £393,000 on 6th January 2017. For the value to have increased from £393,000 to £487,816 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of VINE COTTAGE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The January 2017 sale price of £393,000 represented a fair market value for the property.
• The size, condition, and specification of VINE COTTAGE has not materially changed since January 2017.

How Large is VINE COTTAGE?

VINE COTTAGE is 106m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of detached houses houses in Loose, based on EPC data. The below chart shows the distribution of detached houses houses by size in Loose, and where VINE COTTAGE lies on this distribution: 29% of detached houses houses are smaller than VINE COTTAGE, and 71% of houses are larger. Note that EPC data is not available for all properties in Loose.

VINE COTTAGE: Plot and Title Map

VINE COTTAGE sits on a plot of roughly 0.098 of an acre, or 397m². The below map shows the location of VINE COTTAGE, 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 VINE COTTAGE). 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 VINE COTTAGE?

VINE COTTAGE is located on WELL STREET in LOOSE, in the ME15 postcode district. The below map shows the position of VINE COTTAGE on WELL STREET.