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 HOMEWOOD ROAD is a large extended detached house of 147m², built sometime between 1976 and 1982. It was last sold for £778,000 in March 2022, which was around 46% above the average March 2022 detached price in the Ashford local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 2 HOMEWOOD ROAD since 1st 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 HOMEWOOD ROAD sales were for above 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 |
---|---|---|---|
2022 9 MAR | £778,000 | £531,440 | 46% above HPI |
2012 29 FEB | £415,000 | £307,355 | 35% above HPI |
2006 4 AUG | £384,000 | £297,365 | 29% above HPI |
The below graph shows the average detached house price in the Ashford local authority area over time, sourced from the HPI. The three 2 HOMEWOOD ROAD sales between August 2006 and March 2022 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 February 2012 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the March 2022 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.
2 HOMEWOOD ROAD is 147m², which includes two extensions, according to the EPC inspection conducted in December 2021. This puts it in the largest 30% of detached houses in Tenterden, based on EPC data. The below chart shows the distribution of detached houses by size in Tenterden, and where 2 HOMEWOOD ROAD lies on this distribution: 71% of detached houses are smaller than 2 HOMEWOOD ROAD, and 28% of houses are larger. Note that EPC data is not available for all properties in Tenterden.
2 HOMEWOOD ROAD sits on a plot of roughly 0.235 of an acre, or 951m². The below map shows the location of 2 HOMEWOOD ROAD, 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 HOMEWOOD ROAD). 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.
2 HOMEWOOD ROAD is located in TENTERDEN, in the TN30 postcode district. The below map shows the position of No. 2 on HOMEWOOD ROAD.