12, CHESTNUT LANE, KINGSNORTH, ASHFORD, TN23 3LR - £375,000

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 CHESTNUT LANE is a midsized extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £375,000 in August 2024, which was around 33% below the average August 2024 detached price in the Ashford local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

12 CHESTNUT LANE Sold Prices

Land registry data shows four sales for 12 CHESTNUT LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. All of the four 12 CHESTNUT 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
2024 16 AUG	£375,000	£556,992	33% below HPI
2021 30 APR	£313,000	£482,747	35% below HPI
2001 24 JUL	£107,500	£182,161	41% below HPI
1995 23 JUN	£79,995	£97,799	18% below HPI

12 CHESTNUT 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 four 12 CHESTNUT LANE sales between June 1995 and August 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 April 2021 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2024 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 12 CHESTNUT LANE?

12 CHESTNUT LANE is 109m², which includes three extensions, according to the EPC inspection conducted in June 2023. 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 12 CHESTNUT LANE lies on this distribution: 44% of detached houses are smaller than 12 CHESTNUT LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Ashford.

12 CHESTNUT LANE: Plot and Title Map

12 CHESTNUT LANE sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 12 CHESTNUT 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 12 CHESTNUT 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 12 CHESTNUT LANE?

12 CHESTNUT LANE is located in KINGSNORTH, in the TN23 postcode district. The below map shows the position of No. 12 on CHESTNUT LANE.