2, CHESTNUT LANE, KINGSNORTH, ASHFORD, TN23 3LR - £265,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 CHESTNUT LANE is a very small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £265,000 in February 2020, which was around 43% below the average February 2020 detached price in the Ashford local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

2 CHESTNUT LANE Sold Prices

Land registry data shows three sales for 2 CHESTNUT LANE 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 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
2020 19 FEB	£265,000	£467,131	43% below HPI
2003 24 JAN	£155,000	£242,038	36% below HPI
2000 25 FEB	£89,000	£147,345	40% below HPI

2 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 three 2 CHESTNUT LANE sales between February 2000 and February 2020 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 January 2003 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the February 2020 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 2 CHESTNUT LANE?

2 CHESTNUT LANE is 76m² according to the EPC inspection conducted in July 2019. 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 2 CHESTNUT LANE lies on this distribution: 8% of detached houses are smaller than 2 CHESTNUT LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ashford.

2 CHESTNUT LANE: Plot and Title Map

2 CHESTNUT LANE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 2 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 2 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 2 CHESTNUT LANE?

2 CHESTNUT LANE is located in KINGSNORTH, in the TN23 postcode district. The below map shows the position of No. 2 on CHESTNUT LANE.