2, CHERRYWOOD RISE, ASHFORD, TN25 4QA - £400,000

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

2 CHERRYWOOD RISE is a small extended detached house of 99m², built sometime between 1996 and 2002. It was last sold for £400,000 in August 2018, which was around 12% below the average August 2018 detached price in the Ashford local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

2 CHERRYWOOD RISE Sold Prices

Land registry data shows three sales for 2 CHERRYWOOD RISE 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 2 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
2018 20 AUG	£400,000	£456,757	12% below HPI
1999 1 JUN	£113,000	£130,793	14% below HPI
1997 1 JUL	£105,000	£115,791	9% below HPI

2 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 three 2 CHERRYWOOD RISE sales between July 1997 and August 2018 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 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 CHERRYWOOD RISE?

2 CHERRYWOOD RISE is 99m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 40% of detached houses in Ashford, based on EPC data. The below chart shows the distribution of detached houses by size in Ashford, and where 2 CHERRYWOOD RISE lies on this distribution: 32% of detached houses are smaller than 2 CHERRYWOOD RISE, and 67% of houses are larger. Note that EPC data is not available for all properties in Ashford.

2 CHERRYWOOD RISE: Plot and Title Map

2 CHERRYWOOD RISE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 2 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 2 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 2 CHERRYWOOD RISE?

2 CHERRYWOOD RISE is located in ASHFORD, in the TN25 postcode district. The below map shows the position of No. 2 on CHERRYWOOD RISE.