16, CHESTNUT LANE, KINGSNORTH, ASHFORD, TN23 3LR - £175,000

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

16 CHESTNUT LANE is a very small detached house of 68m², built sometime between 1991 and 1995. It was last sold for £175,000 in December 2009, which was around 41% below the average December 2009 detached price in the Ashford local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was B.

16 CHESTNUT LANE Sold Prices

Land registry data shows four sales for 16 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 16 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
2009 16 DEC	£175,000	£294,368	41% below HPI
2001 21 SEP	£115,000	£190,847	40% below HPI
1997 3 NOV	£78,500	£119,046	34% below HPI
1995 23 JUN	£77,995	£97,799	20% below HPI

16 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 16 CHESTNUT LANE sales between June 1995 and December 2009 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 September 2001 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2009 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 16 CHESTNUT LANE?

16 CHESTNUT LANE is 68m² according to the EPC inspection conducted in December 2014. 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 16 CHESTNUT LANE lies on this distribution: 3% of detached houses are smaller than 16 CHESTNUT LANE, and 96% of houses are larger. Note that EPC data is not available for all properties in Ashford.

16 CHESTNUT LANE: Plot and Title Map

16 CHESTNUT LANE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 16 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 16 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 16 CHESTNUT LANE?

16 CHESTNUT LANE is located in KINGSNORTH, in the TN23 postcode district. The below map shows the position of No. 16 on CHESTNUT LANE.