4, THE ORCHIDS, MERSHAM, ASHFORD, TN25 6PQ - £575,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 THE ORCHIDS is a small detached house of 142m², built sometime between 1996 and 2002. It was last sold for £575,000 in July 2020, which was around 24% above the average July 2020 detached price in the Ashford local authority area. The most recent EPC inspection was November 2019, where the current energy rating was D, and the potential energy rating was B.

4 THE ORCHIDS Sold Prices

Land registry data shows two sales for 4 THE ORCHIDS 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. Both of the two 4 THE ORCHIDS sales were for above 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
2020 24 JUL	£575,000	£463,640	24% above HPI
2000 10 APR	£199,950	£153,767	30% above HPI

4 THE ORCHIDS 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 4 THE ORCHIDS sales from April 2000 and July 2020 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 April 2000 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the July 2020 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 4 THE ORCHIDS?

4 THE ORCHIDS is 142m² according to the EPC inspection conducted in November 2019. This puts it in the smallest 40% of detached houses in Mersham, based on EPC data. The below chart shows the distribution of detached houses by size in Mersham, and where 4 THE ORCHIDS lies on this distribution: 33% of detached houses are smaller than 4 THE ORCHIDS, and 64% of houses are larger. Note that EPC data is not available for all properties in Mersham.

4 THE ORCHIDS: Plot and Title Map

4 THE ORCHIDS sits on a plot of roughly 0.144 of an acre, or 581m². The below map shows the location of 4 THE ORCHIDS, 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 THE ORCHIDS). 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 THE ORCHIDS?

4 THE ORCHIDS is located in MERSHAM, in the TN25 postcode district. The below map shows the position of No. 4 on THE ORCHIDS.