31, RICHBOROUGH WAY, KINGSNORTH, ASHFORD, TN23 3RP - £320,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

31 RICHBOROUGH WAY is a small extended detached house of 100m², built sometime between 2003 and 2006, which could now be worth an estimated £380,535. It was last sold for £320,000 in April 2019, which was around 31% below the average April 2019 detached price in the Ashford local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

31 RICHBOROUGH WAY Sold Prices

Land registry data shows three sales for 31 RICHBOROUGH WAY 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 RICHBOROUGH WAY 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
2019 12 APR	£320,000	£465,473	31% below HPI
2006 11 AUG	£209,000	£301,474	31% below HPI
2004 16 JAN	£175,000	£263,974	34% below HPI

31 RICHBOROUGH WAY 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 RICHBOROUGH WAY sales between January 2004 and April 2019 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 August 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2019 sale, which was also at 31% below the HPI.

What might 31 RICHBOROUGH WAY be worth now?

31 RICHBOROUGH WAY might now be worth an estimated £380,535.

This is based on house price inflation of 18.9%, between April 2019 and December 2024, for detached houses, in the Ashford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.9% inflationary increase is applied to the most recent sale price for 31 RICHBOROUGH WAY of £320,000 on 12th April 2019. For the value to have increased from £320,000 to £380,535 over the four years and four months to December 2024, the following assumptions must hold true:

• The value of 31 RICHBOROUGH WAY has moved in line with the HPI for detached houses in the Ashford local authority area.
• The April 2019 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 31 RICHBOROUGH WAY has not materially changed since April 2019.

How Large is 31 RICHBOROUGH WAY?

31 RICHBOROUGH WAY is 100m², which includes one extension, according to the EPC inspection conducted in January 2019. This puts it in the smallest 40% of detached houses houses in Ashford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashford, and where 31 RICHBOROUGH WAY lies on this distribution: 33% of detached houses houses are smaller than 31 RICHBOROUGH WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Ashford.

31 RICHBOROUGH WAY: Plot and Title Map

31 RICHBOROUGH WAY sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 31 RICHBOROUGH WAY, 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 RICHBOROUGH WAY). 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 RICHBOROUGH WAY?

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