12, CHERRYWOOD RISE, ASHFORD, TN25 4QA - £200,000

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

12 CHERRYWOOD RISE is a very small detached house of 72m², built sometime between 1991 and 1995. It was last sold for £200,000 in November 2012, which was around 37% below the average November 2012 detached price in the Ashford local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was B.

12 CHERRYWOOD RISE Sold Prices

Land registry data shows three sales for 12 CHERRYWOOD RISE 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 12 CHERRYWOOD RISE 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
2012 28 NOV	£200,000	£315,620	37% below HPI
2002 22 AUG	£146,000	£221,262	34% below HPI
1997 19 SEP	£82,700	£116,549	29% below HPI

12 CHERRYWOOD RISE 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 12 CHERRYWOOD RISE sales between September 1997 and November 2012 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 August 2002 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2012 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 12 CHERRYWOOD RISE?

12 CHERRYWOOD RISE is 72m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 10% of detached houses in Ashford, based on EPC data. The below chart shows the distribution of detached houses by size in Ashford, and where 12 CHERRYWOOD RISE lies on this distribution: 6% of detached houses are smaller than 12 CHERRYWOOD RISE, and 94% of houses are larger. Note that EPC data is not available for all properties in Ashford.

12 CHERRYWOOD RISE: Plot and Title Map

12 CHERRYWOOD RISE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 12 CHERRYWOOD RISE, 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 12 CHERRYWOOD RISE). 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 12 CHERRYWOOD RISE?

12 CHERRYWOOD RISE is located in ASHFORD, in the TN25 postcode district. The below map shows the position of No. 12 on CHERRYWOOD RISE.