1A, CHERRY GLEBE, MERSHAM, ASHFORD, TN25 6NL - £295,000

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

1A CHERRY GLEBE is a very small detached house of 91m², built sometime between 1991 and 1995. It was last sold for £295,000 in May 2012, which was around 3% below the average May 2012 detached price in the Ashford local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was D.

1A CHERRY GLEBE Sold Prices

Land registry data shows two sales for 1A CHERRY GLEBE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. Both of the two 1A CHERRY GLEBE 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 2 MAY	£295,000	£305,699	3% below HPI
2003 12 JUN	£215,000	£248,014	13% below HPI

1A CHERRY GLEBE 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 two 1A CHERRY GLEBE sales from June 2003 and May 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 June 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2012 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 1A CHERRY GLEBE?

1A CHERRY GLEBE is 91m² according to the EPC inspection conducted in December 2011. This puts it in the smallest 10% of detached houses in Mersham, based on EPC data. The below chart shows the distribution of detached houses by size in Mersham, and where 1A CHERRY GLEBE lies on this distribution: 7% of detached houses are smaller than 1A CHERRY GLEBE, and 93% of houses are larger. Note that EPC data is not available for all properties in Mersham.

1A CHERRY GLEBE: Plot and Title Map

1A CHERRY GLEBE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 1A CHERRY GLEBE, 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 1A CHERRY GLEBE). 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 1A CHERRY GLEBE?

1A CHERRY GLEBE is located in MERSHAM, in the TN25 postcode district. The below map shows the position of No. 1A on CHERRY GLEBE.