1, PROSPECT WAY, BRABOURNE LEES, ASHFORD, TN25 6RL - £472,500

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 PROSPECT WAY is a very small detached house of 89m², built sometime between 1983 and 1990. It was last sold for £472,500 in January 2024, which was around 14% below the average January 2024 detached price in the Ashford local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

1 PROSPECT WAY Sold Prices

Land registry data shows three sales for 1 PROSPECT WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. All of the three 1 PROSPECT WAY 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
2024 15 JAN	£472,500	£549,438	14% below HPI
2002 20 DEC	£200,000	£240,089	17% below HPI
1998 22 JUL	£108,500	£128,203	15% below HPI

1 PROSPECT WAY 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 three 1 PROSPECT WAY sales between July 1998 and January 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 December 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2024 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 1 PROSPECT WAY?

1 PROSPECT WAY is 89m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of detached houses in Brabourne Lees, based on EPC data. The below chart shows the distribution of detached houses by size in Brabourne Lees, and where 1 PROSPECT WAY lies on this distribution: 20% of detached houses are smaller than 1 PROSPECT WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Brabourne Lees.

1 PROSPECT WAY: Plot and Title Map

1 PROSPECT WAY sits on a plot of roughly 0.164 of an acre, or 662m². The below map shows the location of 1 PROSPECT 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 PROSPECT 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 PROSPECT WAY?

1 PROSPECT WAY is located in BRABOURNE LEES, in the TN25 postcode district. The below map shows the position of No. 1 on PROSPECT WAY.