2, THE FORSTAL, MERSHAM, ASHFORD, TN25 6NY - £537,000

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 THE FORSTAL is a midsized extended detached house of 166m², built sometime between 1967 and 1975. It was last sold for £537,000 in August 2018, which was around 18% above the average August 2018 detached price in the Ashford local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

2 THE FORSTAL Sold Prices

Land registry data shows three sales for 2 THE FORSTAL 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. The three 2 THE FORSTAL sales were a mix of above the average price, and roughly equal to 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
2018 2 AUG	£537,000	£456,757	18% above HPI
2008 31 MAR	£395,000	£320,883	23% above HPI
2005 31 OCT	£290,000	£289,508	Close to HPI

2 THE FORSTAL 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 THE FORSTAL sales between October 2005 and August 2018 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 March 2008 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2018 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

How Large is 2 THE FORSTAL?

2 THE FORSTAL is 166m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 50% of detached houses in Mersham, based on EPC data. The below chart shows the distribution of detached houses by size in Mersham, and where 2 THE FORSTAL lies on this distribution: 54% of detached houses are smaller than 2 THE FORSTAL, and 45% of houses are larger. Note that EPC data is not available for all properties in Mersham.

2 THE FORSTAL: Plot and Title Map

2 THE FORSTAL sits on a plot of roughly 0.148 of an acre, or 597m². The below map shows the location of 2 THE FORSTAL, 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 THE FORSTAL). 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 THE FORSTAL?

2 THE FORSTAL is located in MERSHAM, in the TN25 postcode district. The below map shows the position of No. 2 on THE FORSTAL.