FAIRLAWN COTTAGE, CHURCH STREET, TESTON, MAIDSTONE, ME18 5AG - £635,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

FAIRLAWN COTTAGE is a very large extended detached house of 178m², built sometime before 1900. It was last sold for £635,000 in April 2018, which was around 29% above the average April 2018 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

FAIRLAWN COTTAGE Sold Prices

Land registry data shows two sales for FAIRLAWN COTTAGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. Both of the two FAIRLAWN COTTAGE 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
2018 16 APR	£635,000	£493,334	29% above HPI
2013 21 AUG	£488,000	£338,497	44% above HPI

FAIRLAWN COTTAGE 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 two FAIRLAWN COTTAGE sales from August 2013 and April 2018 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 2013 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the April 2018 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is FAIRLAWN COTTAGE?

FAIRLAWN COTTAGE is 178m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 20% of detached houses in Teston, based on EPC data. The below chart shows the distribution of detached houses by size in Teston, and where FAIRLAWN COTTAGE lies on this distribution: 84% of detached houses are smaller than FAIRLAWN COTTAGE, and 16% of houses are larger. Note that EPC data is not available for all properties in Teston.

FAIRLAWN COTTAGE: Plot and Title Map

FAIRLAWN COTTAGE sits on a plot of roughly 0.243 of an acre, or 984m². The below map shows the location of FAIRLAWN COTTAGE, 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 FAIRLAWN COTTAGE). 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 FAIRLAWN COTTAGE?

FAIRLAWN COTTAGE is located on CHURCH STREET in TESTON, in the ME18 postcode district. The below map shows the position of FAIRLAWN COTTAGE on CHURCH STREET.