38, CHERRY TREE ROAD, CHARING HEATH, ASHFORD, TN27 0BB - £575,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 CHERRY TREE ROAD is a very small detached house of 102m², built sometime between 1950 and 1966, which could now be worth an estimated £578,716. It was last sold for £575,000 in December 2022, which was around 3% above the average December 2022 detached price in the Ashford local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was C.

38 CHERRY TREE ROAD Sold Prices

Land registry data shows two sales for 38 CHERRY TREE ROAD 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 38 CHERRY TREE ROAD 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
2022 20 DEC	£575,000	£558,172	3% above HPI
2019 17 MAY	£350,000	£463,808	25% below HPI

38 CHERRY TREE ROAD 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 38 CHERRY TREE ROAD sales from May 2019 and December 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 May 2019 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 38 CHERRY TREE ROAD be worth now?

38 CHERRY TREE ROAD might now be worth an estimated £578,716.

This is based on house price inflation of 0.6%, between December 2022 and February 2025, 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 0.6% inflationary increase is applied to the most recent sale price for 38 CHERRY TREE ROAD of £575,000 on 20th December 2022. For the value to have increased from £575,000 to £578,716 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 38 CHERRY TREE ROAD has moved in line with the HPI for detached houses in the Ashford local authority area.
• The December 2022 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 38 CHERRY TREE ROAD has not materially changed since December 2022.

How Large is 38 CHERRY TREE ROAD?

38 CHERRY TREE ROAD is 102m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% of detached houses houses in Charing Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Charing Heath, and where 38 CHERRY TREE ROAD lies on this distribution: 12% of detached houses houses are smaller than 38 CHERRY TREE ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Charing Heath.

38 CHERRY TREE ROAD: Plot and Title Map

38 CHERRY TREE ROAD sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of 38 CHERRY TREE ROAD, 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 38 CHERRY TREE ROAD). 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 38 CHERRY TREE ROAD?

38 CHERRY TREE ROAD is located in CHARING HEATH, in the TN27 postcode district. The below map shows the position of No. 38 on CHERRY TREE ROAD.