2, VESPASIAN WAY, KINGSNORTH, ASHFORD, TN23 3QX - £390,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 VESPASIAN WAY is a small detached house of 94m², built sometime between 1996 and 2002, which could now be worth an estimated £382,986. It was last sold for £390,000 in January 2023, which was around 31% below the average January 2023 detached price in the Ashford local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

2 VESPASIAN WAY Sold Prices

Land registry data shows three sales for 2 VESPASIAN WAY 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 VESPASIAN 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
2023 27 JAN	£390,000	£563,664	31% below HPI
2007 2 AUG	£233,000	£327,075	29% below HPI
2001 24 AUG	£148,500	£187,991	21% below HPI

2 VESPASIAN 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 three 2 VESPASIAN WAY sales between August 2001 and January 2023 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 August 2007 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 2 VESPASIAN WAY be worth now?

2 VESPASIAN WAY might now be worth an estimated £382,986.

This is based on house price deflation of 1.8%, between January 2023 and December 2024, for detached houses, in the Ashford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.8% deflationary decrease is applied to the most recent sale price for 2 VESPASIAN WAY of £390,000 on 27th January 2023. For the value to have decreased from £390,000 to £382,986 over the one month to December 2024, the following assumptions must hold true:

• The value of 2 VESPASIAN WAY has moved in line with the HPI for detached houses in the Ashford local authority area.
• The January 2023 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 2 VESPASIAN WAY has not materially changed since January 2023.

How Large is 2 VESPASIAN WAY?

2 VESPASIAN WAY is 94m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses houses in Ashford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashford, and where 2 VESPASIAN WAY lies on this distribution: 27% of detached houses houses are smaller than 2 VESPASIAN WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Ashford.

2 VESPASIAN WAY: Plot and Title Map

2 VESPASIAN WAY sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 2 VESPASIAN 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 VESPASIAN 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 VESPASIAN WAY?

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