1, WOOD LANE, KINGSNORTH, ASHFORD, TN23 3AQ - £435,000

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 WOOD LANE is a midsized detached house of 108m², built sometime between 2003 and 2006. It was last sold for £435,000 in July 2023, which was around 21% below the average July 2023 detached price in the Ashford local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was B.

1 WOOD LANE Sold Prices

Land registry data shows three sales for 1 WOOD LANE 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 WOOD LANE 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
2023 7 JUL	£435,000	£548,386	21% below HPI
2015 31 JUL	£305,000	£374,025	18% below HPI
1999 27 SEP	£130,995	£142,352	8% below HPI

1 WOOD LANE 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 WOOD LANE sales between September 1999 and July 2023 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 July 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 1 WOOD LANE?

1 WOOD LANE is 108m² according to the EPC inspection conducted in March 2015. 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 WOOD LANE lies on this distribution: 43% of detached houses are smaller than 1 WOOD LANE, and 57% of houses are larger. Note that EPC data is not available for all properties in Ashford.

1 WOOD LANE: Plot and Title Map

1 WOOD LANE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 1 WOOD LANE, 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 WOOD LANE). 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 WOOD LANE?

1 WOOD LANE is located in KINGSNORTH, in the TN23 postcode district. The below map shows the position of No. 1 on WOOD LANE.