4, WOOD LANE, KINGSNORTH, ASHFORD, TN23 3AG - £425,000

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 WOOD LANE is a very small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £425,000 in January 2022, which was around 19% below the average January 2022 detached price in the Ashford local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

4 WOOD LANE Sold Prices

Land registry data shows three sales for 4 WOOD 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 WOOD 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
2022 21 JAN	£425,000	£527,037	19% below HPI
2006 23 JUN	£189,995	£294,832	36% below HPI
2001 1 JUN	£142,995	£179,277	20% below HPI

4 WOOD 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 WOOD LANE sales between June 2001 and January 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 June 2006 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the January 2022 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 4 WOOD LANE?

4 WOOD LANE is 84m², which includes one extension, according to the EPC inspection conducted in October 2017. 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 4 WOOD LANE lies on this distribution: 17% of detached houses are smaller than 4 WOOD LANE, and 82% of houses are larger. Note that EPC data is not available for all properties in Ashford.

4 WOOD LANE: Plot and Title Map

4 WOOD LANE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 4 WOOD 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 WOOD 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 WOOD LANE?

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