5, BLACKSMITH DRIVE, WEAVERING, MAIDSTONE, ME14 5SZ - £350,000

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.

5 BLACKSMITH DRIVE is a small extended semi-detached house of 102m², built sometime between 1976 and 1982, which could now be worth an estimated £416,201. It was last sold for £350,000 in May 2019, which was around 10% above the average May 2019 semi-detached price in the Maidstone local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

5 BLACKSMITH DRIVE Sold Prices

Land registry data shows five sales for 5 BLACKSMITH DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Maidstone local authority area for the corresponding sale date. All of the five 5 BLACKSMITH DRIVE 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
2019 24 MAY	£350,000	£317,977	10% above HPI
2012 14 DEC	£246,000	£216,763	13% above HPI
2007 19 DEC	£242,000	£239,190	1% above HPI
2003 11 DEC	£193,000	£184,482	5% above HPI
1996 9 FEB	£72,000	£70,549	2% above HPI

5 BLACKSMITH DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Maidstone local authority area over time, sourced from the HPI. The five 5 BLACKSMITH DRIVE sales between February 1996 and May 2019 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 December 2012 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the May 2019 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 5 BLACKSMITH DRIVE be worth now?

5 BLACKSMITH DRIVE might now be worth an estimated £416,201.

This is based on house price inflation of 18.9%, between May 2019 and May 2026, for semi-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 18.9% inflationary increase is applied to the most recent sale price for 5 BLACKSMITH DRIVE of £350,000 on 24th May 2019. For the value to have increased from £350,000 to £416,201 over the seven years to May 2026, the following assumptions must hold true:

• The value of 5 BLACKSMITH DRIVE has moved in line with the HPI for semi-detached houses in the Maidstone local authority area.
• The May 2019 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BLACKSMITH DRIVE has not materially changed since May 2019.

How Large is 5 BLACKSMITH DRIVE?

5 BLACKSMITH DRIVE is 102m², which includes one extension, according to the EPC inspection conducted in October 2012. This puts it in the smallest 30% of semi-detached houses houses in Maidstone, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Maidstone, and where 5 BLACKSMITH DRIVE lies on this distribution: 29% of semi-detached houses houses are smaller than 5 BLACKSMITH DRIVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

5 BLACKSMITH DRIVE: Plot and Title Map

5 BLACKSMITH DRIVE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 5 BLACKSMITH DRIVE, 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 5 BLACKSMITH DRIVE). 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 5 BLACKSMITH DRIVE?

5 BLACKSMITH DRIVE is located in WEAVERING, in the ME14 postcode district. The below map shows the position of No. 5 on BLACKSMITH DRIVE.