4, CHESTNUT LANE, KINGSNORTH, ASHFORD, TN23 3LR - £320,000

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

4 CHESTNUT LANE is a small extended detached house of 95m², built sometime between 1991 and 1995. It was last sold for £320,000 in July 2016, which was around 22% below the average July 2016 detached price in the Ashford local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

4 CHESTNUT LANE Sold Prices

Land registry data shows three sales for 4 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 4 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
2016 18 JUL	£320,000	£411,635	22% below HPI
2005 2 AUG	£215,000	£279,795	23% below HPI
2000 13 APR	£116,500	£153,767	24% below HPI

4 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 4 CHESTNUT LANE sales between April 2000 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 August 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2016 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 4 CHESTNUT LANE?

4 CHESTNUT LANE is 95m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of detached houses in Ashford, based on EPC data. The below chart shows the distribution of detached houses by size in Ashford, and where 4 CHESTNUT LANE lies on this distribution: 28% of detached houses are smaller than 4 CHESTNUT LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Ashford.

4 CHESTNUT LANE: Plot and Title Map

4 CHESTNUT LANE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 4 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 4 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 4 CHESTNUT LANE?

4 CHESTNUT LANE is located in KINGSNORTH, in the TN23 postcode district. The below map shows the position of No. 4 on CHESTNUT LANE.