2, RICHBOROUGH WAY, KINGSNORTH, ASHFORD, TN23 3RP - £387,000

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 RICHBOROUGH WAY is a very large detached house of 156m², built sometime between 2003 and 2006. It was last sold for £387,000 in December 2016, which was around 9% below the average December 2016 detached price in the Ashford local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

2 RICHBOROUGH WAY Sold Prices

Land registry data shows two sales for 2 RICHBOROUGH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. Both of the two 2 RICHBOROUGH 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
2016 12 DEC	£387,000	£426,936	9% below HPI
2013 31 MAY	£275,000	£317,528	13% below HPI

2 RICHBOROUGH 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 two 2 RICHBOROUGH WAY sales from May 2013 and December 2016 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 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 RICHBOROUGH WAY?

2 RICHBOROUGH WAY is 156m² according to the EPC inspection conducted in March 2016. This puts it in the largest 20% 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 RICHBOROUGH WAY lies on this distribution: 86% of detached houses are smaller than 2 RICHBOROUGH WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Ashford.

2 RICHBOROUGH WAY: Plot and Title Map

2 RICHBOROUGH WAY sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 2 RICHBOROUGH 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 RICHBOROUGH 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 RICHBOROUGH WAY?

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