1, OLD RECTORY CLOSE, MERSHAM, ASHFORD, TN25 6LZ - £650,000

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

1 OLD RECTORY CLOSE is a midsized detached house of 171m², built sometime between 1996 and 2002. It was last sold for £650,000 in June 2024, which was around 18% above the average June 2024 detached price in the Ashford local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

1 OLD RECTORY CLOSE Sold Prices

Land registry data shows two sales for 1 OLD RECTORY CLOSE since 1^st 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 OLD RECTORY CLOSE sales were 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
2024 25 JUN	£650,000	£550,762	18% above HPI
1999 6 MAY	£249,000	£127,675	95% above HPI

1 OLD RECTORY CLOSE 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 two 1 OLD RECTORY CLOSE sales from May 1999 and June 2024 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 May 1999 sale was for 95% above the HPI. So the extrapolation line tracks at 95% above the HPI over time, until the June 2024 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 1 OLD RECTORY CLOSE?

1 OLD RECTORY CLOSE is 171m² according to the EPC inspection conducted in March 2022. This puts it in the largest 50% of detached houses in Mersham, based on EPC data. The below chart shows the distribution of detached houses by size in Mersham, and where 1 OLD RECTORY CLOSE lies on this distribution: 60% of detached houses are smaller than 1 OLD RECTORY CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Mersham.

1 OLD RECTORY CLOSE: Plot and Title Map

1 OLD RECTORY CLOSE sits on a plot of roughly 0.205 of an acre, or 829m². The below map shows the location of 1 OLD RECTORY 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 OLD RECTORY 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.

Where is 1 OLD RECTORY CLOSE?

1 OLD RECTORY CLOSE is located in MERSHAM, in the TN25 postcode district. The below map shows the position of No. 1 on OLD RECTORY CLOSE.