40, LODGE WOOD DRIVE, ASHFORD, TN25 4GA - £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

40 LODGE WOOD DRIVE is a very small detached house of 82m², built sometime between 1996 and 2002. It was last sold for £355,000 in April 2021, which was around 26% below the average April 2021 detached price in the Ashford local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.

40 LODGE WOOD DRIVE Sold Prices

Land registry data shows two sales for 40 LODGE WOOD DRIVE 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 40 LODGE WOOD DRIVE 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
2021 30 APR	£355,000	£482,747	26% below HPI
2003 24 SEP	£176,000	£259,831	32% below HPI

40 LODGE WOOD DRIVE 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 40 LODGE WOOD DRIVE sales from September 2003 and April 2021 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 September 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 40 LODGE WOOD DRIVE?

40 LODGE WOOD DRIVE is 82m² according to the EPC inspection conducted in April 2013. 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 40 LODGE WOOD DRIVE lies on this distribution: 15% of detached houses are smaller than 40 LODGE WOOD DRIVE, and 85% of houses are larger. Note that EPC data is not available for all properties in Ashford.

40 LODGE WOOD DRIVE: Plot and Title Map

40 LODGE WOOD DRIVE sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 40 LODGE WOOD DRIVE, 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 40 LODGE WOOD DRIVE). 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 40 LODGE WOOD DRIVE?

40 LODGE WOOD DRIVE is located in ASHFORD, in the TN25 postcode district. The below map shows the position of No. 40 on LODGE WOOD DRIVE.