7, OLD SCHOOL CLOSE, LENHAM, MAIDSTONE, ME17 2HD - £346,000

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.

7 OLD SCHOOL CLOSE is a small semi-detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £417,920. It was last sold for £346,000 in June 2017, which was around 11% above the average June 2017 semi-detached price in the Maidstone local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was A.

7 OLD SCHOOL CLOSE Sold Prices

Land registry data shows one sale for 7 OLD SCHOOL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Maidstone local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 30 JUN	£346,000	£313,050	11% above HPI

What might 7 OLD SCHOOL CLOSE be worth now?

7 OLD SCHOOL CLOSE might now be worth an estimated £417,920.

This is based on house price inflation of 20.8%, between June 2017 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 20.8% inflationary increase is applied to the most recent sale price for 7 OLD SCHOOL CLOSE of £346,000 on 30th June 2017. For the value to have increased from £346,000 to £417,920 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 7 OLD SCHOOL CLOSE has moved in line with the HPI for semi-detached houses in the Maidstone local authority area.
• The June 2017 sale price of £346,000 represented a fair market value for the property.
• The size, condition, and specification of 7 OLD SCHOOL CLOSE has not materially changed since June 2017.

How Large is 7 OLD SCHOOL CLOSE?

7 OLD SCHOOL CLOSE is 74m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of semi-detached houses in Lenham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Lenham, and where 7 OLD SCHOOL CLOSE lies on this distribution: 24% of semi-detached houses are smaller than 7 OLD SCHOOL CLOSE, and 74% of semi-detached houses are larger. Note that EPC data is not available for all properties in Lenham.

7 OLD SCHOOL CLOSE: Plot

7 OLD SCHOOL CLOSE sits on a plot of roughly 0.056 of an acre, or 226m².

Where is 7 OLD SCHOOL CLOSE?

7 OLD SCHOOL CLOSE is located in LENHAM, in the ME17 postcode district.