1, MARMION WAY, ASHFORD, TN23 5HY - £165,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 MARMION WAY is a very small semi-detached house of 78m², built sometime between 2003 and 2006, which could now be worth an estimated £303,457. It was last sold for £165,000 in May 2011, which was around 11% below the average May 2011 semi-detached price in the Ashford local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

1 MARMION WAY Sold Prices

Land registry data shows three sales for 1 MARMION WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Ashford local authority area for the corresponding sale date. Two of the three 1 MARMION WAY sales were for below the average price, whilst one was 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
2011 24 MAY	£165,000	£184,754	11% below HPI
2005 11 NOV	£175,500	£184,436	5% below HPI
2004 28 MAY	£269,500	£164,724	64% above HPI

1 MARMION WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Ashford local authority area over time, sourced from the HPI. The three 1 MARMION WAY sales between May 2004 and May 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 November 2005 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2011 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 1 MARMION WAY be worth now?

1 MARMION WAY might now be worth an estimated £303,457.

This is based on house price inflation of 83.9%, between May 2011 and December 2024, for semi-detached houses, in the Ashford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 83.9% inflationary increase is applied to the most recent sale price for 1 MARMION WAY of £165,000 on 24th May 2011. For the value to have increased from £165,000 to £303,457 over the twelve years and five months to December 2024, the following assumptions must hold true:

• The value of 1 MARMION WAY has moved in line with the HPI for semi-detached houses in the Ashford local authority area.
• The May 2011 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MARMION WAY has not materially changed since May 2011.

How Large is 1 MARMION WAY?

1 MARMION WAY is 78m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 20% of semi-detached houses houses in Ashford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ashford, and where 1 MARMION WAY lies on this distribution: 10% of semi-detached houses houses are smaller than 1 MARMION WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Ashford.

1 MARMION WAY: Plot and Title Map

1 MARMION WAY sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 1 MARMION WAY, 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 MARMION WAY). 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 MARMION WAY?

1 MARMION WAY is located in ASHFORD, in the TN23 postcode district. The below map shows the position of No. 1 on MARMION WAY.