5, THE LAXEY, TOVIL, MAIDSTONE, ME15 6FX - £345,000

5 THE LAXEY is a midsized extended detached house of 118m², built sometime between 1983 and 1990. It was last sold for £345,000 in March 2017, which was around 25% below the average March 2017 detached price in the Maidstone local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

5 THE LAXEY Sold Prices

Land registry data shows three sales for 5 THE LAXEY 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 5 THE LAXEY 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
2017 3 MAR	£345,000	£458,812	25% below HPI
2001 29 NOV	£141,500	£205,612	31% below HPI
1996 28 JUN	£77,500	£106,078	27% below HPI

5 THE LAXEY 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 5 THE LAXEY sales between June 1996 and March 2017 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 November 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2017 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 5 THE LAXEY?

5 THE LAXEY is 118m², which includes two extensions, according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% of detached houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses by size in Maidstone, and where 5 THE LAXEY lies on this distribution: 48% of detached houses are smaller than 5 THE LAXEY, and 51% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

5 THE LAXEY: Plot and Title Map

5 THE LAXEY sits on a plot of roughly 0.224 of an acre, or 907m². The below map shows the location of 5 THE LAXEY, 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 THE LAXEY). 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 THE LAXEY?

5 THE LAXEY is located in TOVIL, in the ME15 postcode district. The below map shows the position of No. 5 on THE LAXEY.