40A, MAGAZINE ROAD, ASHFORD, TN24 8NL - £305,000

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

40A MAGAZINE ROAD is a small extended detached house of 88m², built sometime between 1950 and 1966. It was last sold for £305,000 in December 2015, which was around 21% below the average December 2015 detached price in the Ashford local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was B.

40A MAGAZINE ROAD Sold Prices

Land registry data shows two sales for 40A MAGAZINE 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. Both of the two 40A MAGAZINE ROAD 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
2015 18 DEC	£305,000	£386,757	21% below HPI
2014 3 NOV	£226,500	£359,584	37% below HPI

40A MAGAZINE 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 40A MAGAZINE ROAD sales from November 2014 and December 2015 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 November 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2015 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 40A MAGAZINE ROAD?

40A MAGAZINE ROAD is 88m², which includes one extension, according to the EPC inspection conducted in November 2015. 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 40A MAGAZINE ROAD lies on this distribution: 21% of detached houses are smaller than 40A MAGAZINE ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Ashford.

40A MAGAZINE ROAD: Plot and Title Map

40A MAGAZINE ROAD sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 40A MAGAZINE 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 40A MAGAZINE 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 40A MAGAZINE ROAD?

40A MAGAZINE ROAD is located in ASHFORD, in the TN24 postcode district. The below map shows the position of No. 40A on MAGAZINE ROAD.