45, PROSPECT WAY, BRABOURNE LEES, ASHFORD, TN25 6RL - £400,000

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

45 PROSPECT WAY is a midsized detached house of 135m², built sometime between 1976 and 1982. It was last sold for £400,000 in July 2016, which was around 3% below the average July 2016 detached price in the Ashford local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

45 PROSPECT WAY Sold Prices

Land registry data shows two sales for 45 PROSPECT WAY 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. One of the two 45 PROSPECT WAY sales was for below the average price, whilst the other was 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
2016 22 JUL	£400,000	£411,635	3% below HPI
1995 16 AUG	£111,000	£99,402	12% above HPI

45 PROSPECT WAY 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 45 PROSPECT WAY sales from August 1995 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 1995 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2016 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 45 PROSPECT WAY?

45 PROSPECT WAY is 135m² according to the EPC inspection conducted in January 2014. This puts it in the largest 50% of detached houses in Brabourne Lees, based on EPC data. The below chart shows the distribution of detached houses by size in Brabourne Lees, and where 45 PROSPECT WAY lies on this distribution: 51% of detached houses are smaller than 45 PROSPECT WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Brabourne Lees.

45 PROSPECT WAY: Plot and Title Map

45 PROSPECT WAY sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of 45 PROSPECT WAY, 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 45 PROSPECT WAY). 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 45 PROSPECT WAY?

45 PROSPECT WAY is located in BRABOURNE LEES, in the TN25 postcode district. The below map shows the position of No. 45 on PROSPECT WAY.