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
THE NEST is a small extended detached house of 113m², built sometime between 1930 and 1949. It was last sold for £305,000 in September 2011, which was around 7% below the average September 2011 detached price in the Maidstone local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for THE NEST since 1st 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 THE NEST sales were 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 |
---|---|---|---|
2011 23 SEP | £305,000 | £328,365 | 7% below HPI |
2006 28 APR | £233,000 | £308,690 | 25% below HPI |
The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The two THE NEST sales from April 2006 and September 2011 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 April 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2011 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.
THE NEST is 113m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 30% of detached houses in Warmlake, based on EPC data. The below chart shows the distribution of detached houses by size in Warmlake, and where THE NEST lies on this distribution: 22% of detached houses are smaller than THE NEST, and 78% of houses are larger. Note that EPC data is not available for all properties in Warmlake.
THE NEST sits on a plot of roughly 0.158 of an acre, or 638m². The below map shows the location of THE NEST, 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 THE NEST). 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.
THE NEST is located on MAIDSTONE ROAD in SUTTON VALENCE, in the ME17 postcode district. The below map shows the position of THE NEST on MAIDSTONE ROAD.