5, FALLOWFIELD CLOSE, WEAVERING, MAIDSTONE, ME14 5TW - £225,000

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 FALLOWFIELD CLOSE is a small terraced house of 93m², built sometime between 1983 and 1990, which could now be worth an estimated £375,875. It was last sold for £225,000 in September 2012, which was around 27% above the average September 2012 terraced price in the Maidstone local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

5 FALLOWFIELD CLOSE Sold Prices

Land registry data shows three sales for 5 FALLOWFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Maidstone local authority area for the corresponding sale date. All of the three 5 FALLOWFIELD CLOSE 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
2012 6 SEP	£225,000	£177,811	27% above HPI
2002 9 SEP	£161,500	£116,748	38% above HPI
1998 25 MAR	£87,500	£63,313	38% above HPI

5 FALLOWFIELD CLOSE 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 three 5 FALLOWFIELD CLOSE sales between March 1998 and September 2012 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 September 2002 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the September 2012 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 5 FALLOWFIELD CLOSE be worth now?

5 FALLOWFIELD CLOSE might now be worth an estimated £375,875.

This is based on house price inflation of 67.1%, between September 2012 and April 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 67.1% inflationary increase is applied to the most recent sale price for 5 FALLOWFIELD CLOSE of £225,000 on 6th September 2012. For the value to have increased from £225,000 to £375,875 over the fourteen years and five months to April 2026, the following assumptions must hold true:

• The value of 5 FALLOWFIELD CLOSE has moved in line with the HPI for terraced houses in the Maidstone local authority area.
• The September 2012 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FALLOWFIELD CLOSE has not materially changed since September 2012.

How Large is 5 FALLOWFIELD CLOSE?

5 FALLOWFIELD CLOSE is 93m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 30% of terraced houses houses in Maidstone, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Maidstone, and where 5 FALLOWFIELD CLOSE lies on this distribution: 21% of terraced houses houses are smaller than 5 FALLOWFIELD CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

5 FALLOWFIELD CLOSE: Plot and Title Map

5 FALLOWFIELD CLOSE sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 5 FALLOWFIELD CLOSE, 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 FALLOWFIELD CLOSE). 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 FALLOWFIELD CLOSE?

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