46, MAGAZINE ROAD, ASHFORD, TN24 8NT - £612,237

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

46 MAGAZINE ROAD is a very large extended detached house of 211m², built sometime between 1950 and 1966, which could now be worth an estimated £702,143. It was last sold for £612,237 in February 2021, which was around 25% above the average February 2021 detached price in the Ashford local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

46 MAGAZINE ROAD Sold Prices

Land registry data shows two sales for 46 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. One of the two 46 MAGAZINE ROAD sales was for above the average price, whilst the other was 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 12 FEB	£612,237	£489,846	25% above HPI
2002 22 FEB	£182,500	£198,426	8% below HPI

46 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 46 MAGAZINE ROAD sales from February 2002 and February 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 February 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2021 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 46 MAGAZINE ROAD be worth now?

46 MAGAZINE ROAD might now be worth an estimated £702,143.

This is based on house price inflation of 14.7%, between February 2021 and February 2025, for detached houses, in the Ashford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.7% inflationary increase is applied to the most recent sale price for 46 MAGAZINE ROAD of £612,237 on 12th February 2021. For the value to have increased from £612,237 to £702,143 over the four years to February 2025, the following assumptions must hold true:

• The value of 46 MAGAZINE ROAD has moved in line with the HPI for detached houses in the Ashford local authority area.
• The February 2021 sale price of £612,237 represented a fair market value for the property.
• The size, condition, and specification of 46 MAGAZINE ROAD has not materially changed since February 2021.

How Large is 46 MAGAZINE ROAD?

46 MAGAZINE ROAD is 211m², which includes three extensions, according to the EPC inspection conducted in November 2013. This puts it in the largest 10% of detached houses houses in Ashford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashford, and where 46 MAGAZINE ROAD lies on this distribution: 98% of detached houses houses are smaller than 46 MAGAZINE ROAD, and 2% of houses are larger. Note that EPC data is not available for all properties in Ashford.

46 MAGAZINE ROAD: Plot and Title Map

46 MAGAZINE ROAD sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of 46 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 46 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 46 MAGAZINE ROAD?

46 MAGAZINE ROAD is located in ASHFORD, in the TN24 postcode district. The below map shows the position of No. 46 on MAGAZINE ROAD.