31, REEDMACE CLOSE, ASHFORD, TN23 5GE - £289,000

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 REEDMACE CLOSE is a very small extended detached house of 85m², built sometime between 1983 and 1990. It was last sold for £289,000 in July 2016, which was around 30% below the average July 2016 detached price in the Ashford local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

31 REEDMACE CLOSE Sold Prices

Land registry data shows four sales for 31 REEDMACE CLOSE 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 31 REEDMACE CLOSE 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
2016 8 JUL	£289,000	£411,635	30% below HPI
2007 26 OCT	£205,000	£338,724	39% below HPI
2006 7 NOV	£189,000	£306,893	38% below HPI
1995 25 AUG	£74,000	£99,402	26% below HPI

31 REEDMACE CLOSE 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 31 REEDMACE CLOSE sales between August 1995 and July 2016 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 October 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2016 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 31 REEDMACE CLOSE?

31 REEDMACE CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% 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 REEDMACE CLOSE lies on this distribution: 18% of detached houses are smaller than 31 REEDMACE CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Ashford.

31 REEDMACE CLOSE: Plot and Title Map

31 REEDMACE CLOSE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 31 REEDMACE CLOSE, 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 REEDMACE CLOSE). 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 REEDMACE CLOSE?

31 REEDMACE CLOSE is located in ASHFORD, in the TN23 postcode district. The below map shows the position of No. 31 on REEDMACE CLOSE.