5, CHERRYWOOD RISE, ASHFORD, TN25 4QA - £420,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 CHERRYWOOD RISE is a very small extended detached house of 81m², built sometime between 1996 and 2002. It was last sold for £420,000 in July 2022, which was around 22% below the average July 2022 detached price in the Ashford local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

5 CHERRYWOOD RISE Sold Prices

Land registry data shows four sales for 5 CHERRYWOOD RISE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. All of the four 5 CHERRYWOOD RISE 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 27 JUL	£420,000	£537,912	22% below HPI
2004 2 JUL	£193,000	£274,360	30% below HPI
1998 26 JUN	£95,000	£124,833	24% below HPI
1997 22 AUG	£94,800	£116,602	19% below HPI

5 CHERRYWOOD RISE 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 four 5 CHERRYWOOD RISE sales between August 1997 and July 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 July 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 5 CHERRYWOOD RISE?

5 CHERRYWOOD RISE is 81m², which includes one extension, according to the EPC inspection conducted in February 2022. 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 5 CHERRYWOOD RISE lies on this distribution: 13% of detached houses are smaller than 5 CHERRYWOOD RISE, and 86% of houses are larger. Note that EPC data is not available for all properties in Ashford.

5 CHERRYWOOD RISE: Plot and Title Map

5 CHERRYWOOD RISE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 5 CHERRYWOOD RISE, 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 5 CHERRYWOOD RISE). 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 5 CHERRYWOOD RISE?

5 CHERRYWOOD RISE is located in ASHFORD, in the TN25 postcode district. The below map shows the position of No. 5 on CHERRYWOOD RISE.