5, RAYLEIGH CLOSE, ALLINGTON, MAIDSTONE, ME16 0UP - £405,000

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 RAYLEIGH CLOSE is a small extended terraced house of 109m², built sometime between 1996 and 2002, which could now be worth an estimated £449,042. It was last sold for £405,000 in September 2021, which was around 51% above the average September 2021 terraced price in the Maidstone local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

5 RAYLEIGH CLOSE Sold Prices

Land registry data shows four sales for 5 RAYLEIGH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Maidstone local authority area for the corresponding sale date. All of the four 5 RAYLEIGH 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
2021 30 SEP	£405,000	£267,909	51% above HPI
2017 29 SEP	£260,000	£250,070	4% above HPI
2009 19 OCT	£228,000	£168,269	35% above HPI
2001 25 APR	£163,195	£93,342	75% above HPI

5 RAYLEIGH 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 four 5 RAYLEIGH CLOSE sales between April 2001 and September 2021 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 2017 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the September 2021 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 5 RAYLEIGH CLOSE be worth now?

5 RAYLEIGH CLOSE might now be worth an estimated £449,042.

This is based on house price inflation of 10.9%, between September 2021 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 10.9% inflationary increase is applied to the most recent sale price for 5 RAYLEIGH CLOSE of £405,000 on 30th September 2021. For the value to have increased from £405,000 to £449,042 over the five years and five months to April 2026, the following assumptions must hold true:

• The value of 5 RAYLEIGH CLOSE has moved in line with the HPI for terraced houses in the Maidstone local authority area.
• The September 2021 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RAYLEIGH CLOSE has not materially changed since September 2021.

How Large is 5 RAYLEIGH CLOSE?

5 RAYLEIGH CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 40% 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 RAYLEIGH CLOSE lies on this distribution: 36% of terraced houses houses are smaller than 5 RAYLEIGH CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

5 RAYLEIGH CLOSE: Plot and Title Map

5 RAYLEIGH CLOSE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 5 RAYLEIGH 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 RAYLEIGH 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 RAYLEIGH CLOSE?

5 RAYLEIGH CLOSE is located in ALLINGTON, in the ME16 postcode district. The below map shows the position of No. 5 on RAYLEIGH CLOSE.