1, CHERRYWOOD RISE, ASHFORD, TN25 4QA - £470,000

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

1 CHERRYWOOD RISE is a midsized detached house of 112m², built sometime between 1996 and 2002. It was last sold for £470,000 in November 2020, which was around 4% below the average November 2020 detached price in the Ashford local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

1 CHERRYWOOD RISE Sold Prices

Land registry data shows six sales for 1 CHERRYWOOD RISE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. The six 1 CHERRYWOOD RISE sales were a mix of below the average price, roughly equal to the average price, and 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 25 NOV	£470,000	£491,512	4% below HPI
2017 23 NOV	£440,000	£438,022	Close to HPI
2012 14 DEC	£305,000	£318,112	4% below HPI
2000 25 APR	£176,000	£153,767	14% above HPI
1999 1 NOV	£155,000	£145,305	7% above HPI
1997 20 JUN	£127,000	£111,981	13% above HPI

1 CHERRYWOOD RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Ashford local authority area over time, sourced from the HPI. The six 1 CHERRYWOOD RISE sales between June 1997 and November 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 November 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2020 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 1 CHERRYWOOD RISE?

1 CHERRYWOOD RISE is 112m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 50% of detached houses in Ashford, based on EPC data. The below chart shows the distribution of detached houses by size in Ashford, and where 1 CHERRYWOOD RISE lies on this distribution: 48% of detached houses are smaller than 1 CHERRYWOOD RISE, and 50% of houses are larger. Note that EPC data is not available for all properties in Ashford.

1 CHERRYWOOD RISE: Plot and Title Map

1 CHERRYWOOD RISE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 1 CHERRYWOOD RISE, 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 1 CHERRYWOOD RISE). 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 1 CHERRYWOOD RISE?

1 CHERRYWOOD RISE is located in ASHFORD, in the TN25 postcode district. The below map shows the position of No. 1 on CHERRYWOOD RISE.