126, GRASMERE ROAD, KENNINGTON, ASHFORD, TN24 9BQ - £340,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

126 GRASMERE ROAD is a very small detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £339,130. It was last sold for £340,000 in April 2023, which was around 39% below the average April 2023 detached price in the Ashford local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

126 GRASMERE ROAD Sold Prices

Land registry data shows three sales for 126 GRASMERE ROAD 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 126 GRASMERE ROAD 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 11 APR	£340,000	£554,947	39% below HPI
2020 29 MAY	£310,000	£469,233	34% below HPI
1997 27 MAR	£69,500	£112,017	38% below HPI

126 GRASMERE ROAD 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 126 GRASMERE ROAD sales between March 1997 and April 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 May 2020 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2023 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 126 GRASMERE ROAD be worth now?

126 GRASMERE ROAD might now be worth an estimated £339,130.

This is based on house price deflation of 0.3%, between April 2023 and December 2024, for detached houses, in the Ashford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.3% deflationary decrease is applied to the most recent sale price for 126 GRASMERE ROAD of £340,000 on 11th April 2023. For the value to have decreased from £340,000 to £339,130 over the four months to December 2024, the following assumptions must hold true:

• The value of 126 GRASMERE ROAD has moved in line with the HPI for detached houses in the Ashford local authority area.
• The April 2023 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 126 GRASMERE ROAD has not materially changed since April 2023.

How Large is 126 GRASMERE ROAD?

126 GRASMERE ROAD is 73m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of detached houses houses in Ashford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashford, and where 126 GRASMERE ROAD lies on this distribution: 6% of detached houses houses are smaller than 126 GRASMERE ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Ashford.

126 GRASMERE ROAD: Plot and Title Map

126 GRASMERE ROAD sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 126 GRASMERE ROAD, 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 126 GRASMERE ROAD). 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 126 GRASMERE ROAD?

126 GRASMERE ROAD is located in KENNINGTON, in the TN24 postcode district. The below map shows the position of No. 126 on GRASMERE ROAD.