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 CHESTNUT CLOSE is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £540,000 in May 2022, which was around 1% below the average May 2022 detached price in the Ashford local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 1 CHESTNUT CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. Both of the two 1 CHESTNUT CLOSE 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 |
---|---|---|---|
2022 9 MAY | £540,000 | £543,464 | 1% below HPI |
2021 16 DEC | £455,000 | £526,417 | 14% below HPI |
The below graph shows the average detached house price in the Ashford local authority area over time, sourced from the HPI. The two 1 CHESTNUT CLOSE sales from December 2021 and May 2022 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 December 2021 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the May 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.
1 CHESTNUT CLOSE is 69m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses in Tenterden, based on EPC data. The below chart shows the distribution of detached houses by size in Tenterden, and where 1 CHESTNUT CLOSE lies on this distribution: 3% of detached houses are smaller than 1 CHESTNUT CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Tenterden.
1 CHESTNUT CLOSE sits on a plot of roughly 0.154 of an acre, or 625m². The below map shows the location of 1 CHESTNUT CLOSE, 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 CHESTNUT CLOSE). 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.
1 CHESTNUT CLOSE is located in TENTERDEN, in the TN30 postcode district. The below map shows the position of No. 1 on CHESTNUT CLOSE.