THE NEST, HUBBARDS LANE, BOUGHTON MONCHELSEA, MAIDSTONE, ME17 4HY - £420,000

THE NEST is a very small detached house of 70m², built sometime between 1930 and 1949. It was last sold for £420,000 in November 2018, which was around 15% below the average November 2018 detached price in the Maidstone local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

THE NEST Sold Prices

Land registry data shows two sales for THE NEST 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 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
2018 26 NOV	£420,000	£492,660	15% below HPI
2015 25 NOV	£325,000	£425,170	24% below HPI

THE NEST 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 THE NEST sales from November 2015 and November 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 November 2015 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2018 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is THE NEST?

THE NEST is 70m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% of detached houses in Loose, based on EPC data. The below chart shows the distribution of detached houses by size in Loose, and where THE NEST lies on this distribution: 5% of detached houses are smaller than THE NEST, and 95% of houses are larger. Note that EPC data is not available for all properties in Loose.

THE NEST: Plot and Title Map

THE NEST sits on a plot of roughly 0.102 of an acre, or 413m². 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.

Where is THE NEST?

THE NEST is located on HUBBARDS LANE in BOUGHTON MONCHELSEA, in the ME17 postcode district. The below map shows the position of THE NEST on HUBBARDS LANE.