4, LOCKS YARD, HEADCORN, ASHFORD, TN27 9AD - £308,000

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.

4 LOCKS YARD is a midsized terraced house of 113m², built in 2011, which could now be worth an estimated £415,302. It was last sold for £308,000 in August 2015, which was around 41% above the average August 2015 terraced price in the Maidstone local authority area. The most recent EPC inspection was August 2011, where the current energy rating was B, and the potential energy rating was B.

4 LOCKS YARD Sold Prices

Land registry data shows two sales for 4 LOCKS YARD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Maidstone local authority area for the corresponding sale date. Both of the two 4 LOCKS YARD sales were for above 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
2015 21 AUG	£308,000	£218,997	41% above HPI
2012 30 MAR	£269,995	£168,680	60% above HPI

4 LOCKS YARD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Maidstone local authority area over time, sourced from the HPI. The two 4 LOCKS YARD sales from March 2012 and August 2015 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 2012 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the August 2015 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 4 LOCKS YARD be worth now?

4 LOCKS YARD might now be worth an estimated £415,302.

This is based on house price inflation of 34.8%, between August 2015 and July 2026, for terraced 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 34.8% inflationary increase is applied to the most recent sale price for 4 LOCKS YARD of £308,000 on 21st August 2015. For the value to have increased from £308,000 to £415,302 over the eleven years and one month to July 2026, the following assumptions must hold true:

• The value of 4 LOCKS YARD has moved in line with the HPI for terraced houses in the Maidstone local authority area.
• The August 2015 sale price of £308,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LOCKS YARD has not materially changed since August 2015.

How Large is 4 LOCKS YARD?

4 LOCKS YARD is 113m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 50% of terraced houses houses in Headcorn, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Headcorn, and where 4 LOCKS YARD lies on this distribution: 42% of terraced houses houses are smaller than 4 LOCKS YARD, and 58% of houses are larger. Note that EPC data is not available for all properties in Headcorn.

Where is 4 LOCKS YARD?

4 LOCKS YARD is located in HEADCORN, in the TN27 postcode district. The below map shows the position of No. 4 on LOCKS YARD.