8, BANKFIELDS, HEADCORN, ASHFORD, TN27 9RA - £375,000

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.

8 BANKFIELDS is a small extended semi-detached house of 95m², built sometime between 1976 and 1982, which could now be worth an estimated £430,649. It was last sold for £375,000 in October 2021, which was around 11% above the average October 2021 semi-detached price in the Maidstone local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

8 BANKFIELDS Sold Prices

Land registry data shows three sales for 8 BANKFIELDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Maidstone local authority area for the corresponding sale date. All of the three 8 BANKFIELDS 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 27 OCT	£375,000	£337,832	11% above HPI
2002 23 AUG	£170,000	£151,509	12% above HPI
1997 30 JUN	£78,000	£76,888	1% above HPI

8 BANKFIELDS 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 three 8 BANKFIELDS sales between June 1997 and October 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 August 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the October 2021 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 8 BANKFIELDS be worth now?

8 BANKFIELDS might now be worth an estimated £430,649.

This is based on house price inflation of 14.8%, between October 2021 and February 2025, 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 14.8% inflationary increase is applied to the most recent sale price for 8 BANKFIELDS of £375,000 on 27th October 2021. For the value to have increased from £375,000 to £430,649 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 BANKFIELDS has moved in line with the HPI for semi-detached houses in the Maidstone local authority area.
• The October 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BANKFIELDS has not materially changed since October 2021.

How Large is 8 BANKFIELDS?

8 BANKFIELDS is 95m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of semi-detached houses houses in Headcorn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Headcorn, and where 8 BANKFIELDS lies on this distribution: 29% of semi-detached houses houses are smaller than 8 BANKFIELDS, and 70% of houses are larger. Note that EPC data is not available for all properties in Headcorn.

8 BANKFIELDS: Plot and Title Map

8 BANKFIELDS sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 8 BANKFIELDS, 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 8 BANKFIELDS). 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 8 BANKFIELDS?

8 BANKFIELDS is located in HEADCORN, in the TN27 postcode district. The below map shows the position of No. 8 on BANKFIELDS.