2, WOOD LANE, KINGSNORTH, ASHFORD, TN23 3AG - £215,000

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 WOOD LANE is a very small detached house of 77m², built sometime between 1996 and 2002. It was last sold for £215,000 in April 2010, which was around 31% below the average April 2010 detached price in the Ashford local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

2 WOOD LANE Sold Prices

Land registry data shows three sales for 2 WOOD LANE 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 WOOD LANE 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
2010 23 APR	£215,000	£313,614	31% below HPI
2006 4 SEP	£203,000	£304,684	33% below HPI
1999 25 NOV	£119,995	£145,305	17% below HPI

2 WOOD LANE 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 WOOD LANE sales between November 1999 and April 2010 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 September 2006 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2010 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 2 WOOD LANE?

2 WOOD LANE is 77m² according to the EPC inspection conducted in February 2010. 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 WOOD LANE lies on this distribution: 9% of detached houses are smaller than 2 WOOD LANE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ashford.

2 WOOD LANE: Plot and Title Map

2 WOOD LANE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 2 WOOD LANE, 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 WOOD LANE). 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 WOOD LANE?

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