28, CHESTNUT LANE, KINGSNORTH, ASHFORD, TN23 3LR - £450,000

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

28 CHESTNUT LANE is a midsized extended detached house of 111m², built sometime between 1991 and 1995. It was last sold for £450,000 in May 2024, which was around 20% below the average May 2024 detached price in the Ashford local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

28 CHESTNUT LANE Sold Prices

Land registry data shows four sales for 28 CHESTNUT LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. All of the four 28 CHESTNUT 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
2024 28 MAY	£450,000	£559,912	20% below HPI
2007 1 JUN	£250,000	£317,845	21% below HPI
2004 7 MAY	£235,500	£265,467	11% below HPI
1999 17 FEB	£107,000	£132,056	19% below HPI

28 CHESTNUT 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 four 28 CHESTNUT LANE sales between February 1999 and May 2024 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 June 2007 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2024 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 28 CHESTNUT LANE?

28 CHESTNUT LANE is 111m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 50% of detached houses in Ashford, based on EPC data. The below chart shows the distribution of detached houses by size in Ashford, and where 28 CHESTNUT LANE lies on this distribution: 47% of detached houses are smaller than 28 CHESTNUT LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Ashford.

28 CHESTNUT LANE: Plot and Title Map

28 CHESTNUT LANE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 28 CHESTNUT 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 28 CHESTNUT 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 28 CHESTNUT LANE?

28 CHESTNUT LANE is located in KINGSNORTH, in the TN23 postcode district. The below map shows the position of No. 28 on CHESTNUT LANE.