32, CHESTNUT LANE, KINGSNORTH, ASHFORD, TN23 3LR - £355,000

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

32 CHESTNUT LANE is a very small detached house of 78m², built sometime between 1996 and 2002. It was last sold for £355,000 in October 2023, which was around 36% below the average October 2023 detached price in the Ashford local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

32 CHESTNUT LANE Sold Prices

Land registry data shows four sales for 32 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 32 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
2023 20 OCT	£355,000	£552,416	36% below HPI
2005 4 AUG	£199,950	£279,795	29% below HPI
1999 15 OCT	£95,500	£144,798	34% below HPI
1996 29 MAR	£92,995	£102,155	9% below HPI

32 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 32 CHESTNUT LANE sales between March 1996 and October 2023 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 2005 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2023 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 32 CHESTNUT LANE?

32 CHESTNUT LANE is 78m² according to the EPC inspection conducted in March 2023. 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 32 CHESTNUT LANE lies on this distribution: 10% of detached houses are smaller than 32 CHESTNUT LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Ashford.

32 CHESTNUT LANE: Plot and Title Map

32 CHESTNUT LANE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 32 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 32 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 32 CHESTNUT LANE?

32 CHESTNUT LANE is located in KINGSNORTH, in the TN23 postcode district. The below map shows the position of No. 32 on CHESTNUT LANE.