48, GRANTLEY CLOSE, ASHFORD, TN23 7UE - £325,000

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

48 GRANTLEY CLOSE is a very small detached house of 68m², built sometime between 1983 and 1990. It was last sold for £325,000 in August 2022, which was around 39% below the average August 2022 detached price in the Ashford local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

48 GRANTLEY CLOSE Sold Prices

Land registry data shows two sales for 48 GRANTLEY CLOSE 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 48 GRANTLEY CLOSE 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 28 AUG	£325,000	£536,094	39% below HPI
2016 2 DEC	£240,000	£426,936	44% below HPI

48 GRANTLEY CLOSE 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 48 GRANTLEY CLOSE sales from December 2016 and August 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 December 2016 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the August 2022 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 48 GRANTLEY CLOSE?

48 GRANTLEY CLOSE is 68m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses in Ashford, based on EPC data. The below chart shows the distribution of detached houses by size in Ashford, and where 48 GRANTLEY CLOSE lies on this distribution: 3% of detached houses are smaller than 48 GRANTLEY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Ashford.

48 GRANTLEY CLOSE: Plot and Title Map

48 GRANTLEY CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 48 GRANTLEY CLOSE, 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 48 GRANTLEY CLOSE). 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 48 GRANTLEY CLOSE?

48 GRANTLEY CLOSE is located in ASHFORD, in the TN23 postcode district. The below map shows the position of No. 48 on GRANTLEY CLOSE.