3, THE FORSTAL, MERSHAM, ASHFORD, TN25 6NY - £315,000

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

3 THE FORSTAL is a very large extended detached house of 211m², built sometime between 1967 and 1975. It was last sold for £315,000 in August 2005, which was around 13% above the average August 2005 detached price in the Ashford local authority area. The most recent EPC inspection was January 2015, where the current energy rating was F, and the potential energy rating was B.

3 THE FORSTAL Sold Prices

Land registry data shows two sales for 3 THE FORSTAL 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. One of the two 3 THE FORSTAL sales was for above the average price, whilst the other was 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
2005 12 AUG	£315,000	£279,795	13% above HPI
2001 21 SEP	£175,000	£190,847	8% below HPI

3 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 two 3 THE FORSTAL sales from September 2001 and August 2005 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 2001 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2005 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 3 THE FORSTAL?

3 THE FORSTAL is 211m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 20% of detached houses in Mersham, based on EPC data. The below chart shows the distribution of detached houses by size in Mersham, and where 3 THE FORSTAL lies on this distribution: 85% of detached houses are smaller than 3 THE FORSTAL, and 15% of houses are larger. Note that EPC data is not available for all properties in Mersham.

3 THE FORSTAL: Plot and Title Map

3 THE FORSTAL sits on a plot of roughly 0.213 of an acre, or 862m². The below map shows the location of 3 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 3 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 3 THE FORSTAL?

3 THE FORSTAL is located in MERSHAM, in the TN25 postcode district. The below map shows the position of No. 3 on THE FORSTAL.