2, LOCKHAM FARM AVENUE, BOUGHTON MONCHELSEA, MAIDSTONE, ME17 4TN - £481,000

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.

2 LOCKHAM FARM AVENUE is a midsized detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £492,796. It was last sold for £481,000 in August 2022, which was around 21% below the average August 2022 detached price in the Maidstone local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

2 LOCKHAM FARM AVENUE Sold Prices

Land registry data shows three sales for 2 LOCKHAM FARM AVENUE 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 2 LOCKHAM FARM AVENUE 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
2022 26 AUG	£481,000	£609,475	21% below HPI
2006 23 MAY	£268,500	£340,374	21% below HPI
1999 26 NOV	£170,995	£175,384	3% below HPI

2 LOCKHAM FARM AVENUE 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 2 LOCKHAM FARM AVENUE sales between November 1999 and August 2022 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 May 2006 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2022 sale, which was also at 21% below the HPI.

What might 2 LOCKHAM FARM AVENUE be worth now?

2 LOCKHAM FARM AVENUE might now be worth an estimated £492,796.

This is based on house price inflation of 2.5%, between August 2022 and August 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 2.5% inflationary increase is applied to the most recent sale price for 2 LOCKHAM FARM AVENUE of £481,000 on 26th August 2022. For the value to have increased from £481,000 to £492,796 over the three years to August 2025, the following assumptions must hold true:

• The value of 2 LOCKHAM FARM AVENUE has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The August 2022 sale price of £481,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LOCKHAM FARM AVENUE has not materially changed since August 2022.

How Large is 2 LOCKHAM FARM AVENUE?

2 LOCKHAM FARM AVENUE is 127m² according to the EPC inspection conducted in March 2022. 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 2 LOCKHAM FARM AVENUE lies on this distribution: 60% of detached houses houses are smaller than 2 LOCKHAM FARM AVENUE, and 39% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

2 LOCKHAM FARM AVENUE: Plot and Title Map

2 LOCKHAM FARM AVENUE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 2 LOCKHAM FARM AVENUE, 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 2 LOCKHAM FARM AVENUE). 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 2 LOCKHAM FARM AVENUE?

2 LOCKHAM FARM AVENUE is located in BOUGHTON MONCHELSEA, in the ME17 postcode district. The below map shows the position of No. 2 on LOCKHAM FARM AVENUE.