15, CHERRYWOOD RISE, ASHFORD, TN25 4QA - £365,000

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

15 CHERRYWOOD RISE is a very small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £365,000 in September 2021, which was around 28% below the average September 2021 detached price in the Ashford local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

15 CHERRYWOOD RISE Sold Prices

Land registry data shows five sales for 15 CHERRYWOOD RISE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. All of the five 15 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
2021 16 SEP	£365,000	£504,199	28% below HPI
2012 7 JUN	£197,000	£313,547	37% below HPI
2003 16 DEC	£180,000	£253,140	29% below HPI
2000 20 APR	£111,000	£153,767	28% below HPI
1997 24 OCT	£82,000	£116,155	29% below HPI

15 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 five 15 CHERRYWOOD RISE sales between October 1997 and September 2021 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 June 2012 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the September 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 15 CHERRYWOOD RISE?

15 CHERRYWOOD RISE is 76m² according to the EPC inspection conducted in February 2021. 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 15 CHERRYWOOD RISE lies on this distribution: 8% of detached houses are smaller than 15 CHERRYWOOD RISE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ashford.

15 CHERRYWOOD RISE: Plot and Title Map

15 CHERRYWOOD RISE sits on a plot of roughly 0.086 of an acre, or 346m². The below map shows the location of 15 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 15 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 15 CHERRYWOOD RISE?

15 CHERRYWOOD RISE is located in ASHFORD, in the TN25 postcode district. The below map shows the position of No. 15 on CHERRYWOOD RISE.