2, FORUM WAY, KINGSNORTH, ASHFORD, TN23 3RJ - £355,000

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 FORUM WAY is a very small detached house of 76m², built sometime between 1996 and 2002. It was last sold for £355,000 in May 2020, which was around 23% below the average May 2020 detached price in the Ashford local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

2 FORUM WAY Sold Prices

Land registry data shows six sales for 2 FORUM WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. All of the six 2 FORUM WAY 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 15 MAY	£355,000	£462,837	23% below HPI
2016 27 MAY	£330,000	£407,024	19% below HPI
2015 11 SEP	£291,000	£385,945	25% below HPI
2006 26 JUL	£249,999	£296,745	16% below HPI
2005 6 MAY	£238,500	£269,536	12% below HPI
2003 31 JAN	£186,000	£242,038	23% below HPI

2 FORUM WAY 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 six 2 FORUM WAY sales between January 2003 and May 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 May 2016 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 2 FORUM WAY?

2 FORUM WAY is 76m² according to the EPC inspection conducted in April 2010. 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 FORUM WAY lies on this distribution: 8% of detached houses are smaller than 2 FORUM WAY, and 91% of houses are larger. Note that EPC data is not available for all properties in Ashford.

2 FORUM WAY: Plot and Title Map

2 FORUM WAY sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 2 FORUM WAY, 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 FORUM WAY). 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 FORUM WAY?

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