2, LAKEMEAD, ASHFORD, TN23 4XX - £225,000

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 LAKEMEAD is a very small semi-detached house of 55m², built sometime between 1983 and 1990. It was last sold for £225,000 in September 2019, which was around 52% below the average September 2019 detached price in the Ashford local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

2 LAKEMEAD Sold Prices

Land registry data shows three sales for 2 LAKEMEAD 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 LAKEMEAD 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
2019 20 SEP	£225,000	£467,723	52% below HPI
2014 1 OCT	£190,000	£360,019	47% below HPI
1997 25 APR	£49,950	£112,782	56% below HPI

2 LAKEMEAD 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 LAKEMEAD sales between April 1997 and September 2019 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 October 2014 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the September 2019 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 2 LAKEMEAD?

2 LAKEMEAD is 55m² according to the EPC inspection conducted in May 2011. 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 LAKEMEAD lies on this distribution: 1% of detached houses are smaller than 2 LAKEMEAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Ashford.

2 LAKEMEAD: Plot and Title Map

2 LAKEMEAD sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 2 LAKEMEAD, 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 LAKEMEAD). 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 LAKEMEAD?

2 LAKEMEAD is located in ASHFORD, in the TN23 postcode district. The below map shows the position of No. 2 on LAKEMEAD.