NESTOR LODGE, MALLING ROAD, TESTON, MAIDSTONE, ME18 5AR - £615,000

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

NESTOR LODGE is a large detached house of 150m², built sometime between 1967 and 1975. It was last sold for £615,000 in December 2020, which was around 27% above the average December 2020 detached price in the Maidstone local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was C.

NESTOR LODGE Sold Prices

Land registry data shows two sales for NESTOR LODGE 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 NESTOR LODGE 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
2020 22 DEC	£615,000	£483,231	27% above HPI
2018 14 AUG	£505,000	£495,035	2% above HPI

NESTOR LODGE 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 NESTOR LODGE sales from August 2018 and December 2020 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 2018 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2020 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is NESTOR LODGE?

NESTOR LODGE is 150m² according to the EPC inspection conducted in February 2017. This puts it in the largest 30% of detached houses in Teston, based on EPC data. The below chart shows the distribution of detached houses by size in Teston, and where NESTOR LODGE lies on this distribution: 72% of detached houses are smaller than NESTOR LODGE, and 28% of houses are larger. Note that EPC data is not available for all properties in Teston.

NESTOR LODGE: Plot and Title Map

NESTOR LODGE sits on a plot of roughly 0.165 of an acre, or 668m². The below map shows the location of NESTOR LODGE, 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 NESTOR LODGE). 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 NESTOR LODGE?

NESTOR LODGE is located on MALLING ROAD in TESTON, in the ME18 postcode district. The below map shows the position of NESTOR LODGE on MALLING ROAD.