31, CHESTNUT LANE, KINGSNORTH, ASHFORD, TN23 3LR - £340,000

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

31 CHESTNUT LANE is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £340,000 in June 2022, which was around 37% below the average June 2022 detached price in the Ashford local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

31 CHESTNUT LANE Sold Prices

Land registry data shows three sales for 31 CHESTNUT 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 31 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
2022 8 JUN	£340,000	£539,823	37% below HPI
2012 12 JUL	£162,500	£309,096	47% below HPI
1996 28 FEB	£83,995	£98,265	15% below HPI

31 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 three 31 CHESTNUT LANE sales between February 1996 and June 2022 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 July 2012 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 31 CHESTNUT LANE?

31 CHESTNUT LANE is 73m² according to the EPC inspection conducted in April 2022. 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 31 CHESTNUT LANE lies on this distribution: 6% of detached houses are smaller than 31 CHESTNUT LANE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ashford.

31 CHESTNUT LANE: Plot and Title Map

31 CHESTNUT LANE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 31 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 31 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 31 CHESTNUT LANE?

31 CHESTNUT LANE is located in KINGSNORTH, in the TN23 postcode district. The below map shows the position of No. 31 on CHESTNUT LANE.