Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
2 NURSERY AVENUE is a midsized extended detached house of 124m², built sometime between 1930 and 1949. It was last sold for £579,000 in June 2023, which was around 6% above the average June 2023 detached price in the Maidstone local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 2 NURSERY AVENUE since 1st 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. Two of the three 2 NURSERY AVENUE sales were for above the average price, whilst one was 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 |
---|---|---|---|
2023 14 JUN | £579,000 | £545,546 | 6% above HPI |
2008 15 AUG | £385,000 | £328,892 | 17% above HPI |
2003 22 APR | £235,000 | £268,493 | 12% below HPI |
The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The three 2 NURSERY AVENUE sales between April 2003 and June 2023 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 2008 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2023 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.
2 NURSERY AVENUE is 124m², which includes three extensions, according to the EPC inspection conducted in November 2021. This puts it in the largest 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 2 NURSERY AVENUE lies on this distribution: 55% of detached houses are smaller than 2 NURSERY AVENUE, and 43% of houses are larger. Note that EPC data is not available for all properties in Maidstone.
2 NURSERY AVENUE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 2 NURSERY AVENUE, 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 2 NURSERY AVENUE). 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.
2 NURSERY AVENUE is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 2 on NURSERY AVENUE.