5, OCTAVIAN WAY, KINGSNORTH, ASHFORD, TN23 3RN - £175,000

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

5 OCTAVIAN WAY is a small detached house of 95m², built sometime between 2003 and 2006. It was last sold for £175,000 in January 2011, which was around 42% below the average January 2011 detached price in the Ashford local authority area. The most recent EPC inspection was September 2010, where the current energy rating was C, and the potential energy rating was C.

5 OCTAVIAN WAY Sold Prices

Land registry data shows four sales for 5 OCTAVIAN WAY 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 OCTAVIAN WAY 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
2011 10 JAN	£175,000	£303,421	42% below HPI
2007 2 NOV	£210,000	£338,477	38% below HPI
2005 23 MAY	£185,000	£269,536	31% below HPI
2003 28 FEB	£165,000	£242,602	32% below HPI

5 OCTAVIAN 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 four 5 OCTAVIAN WAY sales between February 2003 and January 2011 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 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2011 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 5 OCTAVIAN WAY?

5 OCTAVIAN WAY is 95m² according to the EPC inspection conducted in September 2010. 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 5 OCTAVIAN WAY lies on this distribution: 28% of detached houses are smaller than 5 OCTAVIAN WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Ashford.

5 OCTAVIAN WAY: Plot and Title Map

5 OCTAVIAN WAY sits on a plot of roughly 0.036 of an acre, or 147m². The below map shows the location of 5 OCTAVIAN 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 5 OCTAVIAN 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 5 OCTAVIAN WAY?

5 OCTAVIAN WAY is located in KINGSNORTH, in the TN23 postcode district. The below map shows the position of No. 5 on OCTAVIAN WAY.