5, RICHBOROUGH WAY, KINGSNORTH, ASHFORD, TN23 3RP - £137,500

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 RICHBOROUGH WAY is a very small extended detached house of 71m², built sometime between 1996 and 2002. It was last sold for £137,500 in March 2005, which was around 50% below the average March 2005 detached price in the Ashford local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

5 RICHBOROUGH WAY Sold Prices

Land registry data shows two sales for 5 RICHBOROUGH 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. Both of the two 5 RICHBOROUGH 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
2005 24 MAR	£137,500	£275,358	50% below HPI
2003 26 SEP	£140,000	£259,831	46% below HPI

5 RICHBOROUGH 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 5 RICHBOROUGH WAY sales from September 2003 and March 2005 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 September 2003 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2005 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 5 RICHBOROUGH WAY?

5 RICHBOROUGH WAY is 71m², which includes one extension, according to the EPC inspection conducted in September 2021. 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 5 RICHBOROUGH WAY lies on this distribution: 5% of detached houses are smaller than 5 RICHBOROUGH WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Ashford.

5 RICHBOROUGH WAY: Plot and Title Map

5 RICHBOROUGH WAY sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 5 RICHBOROUGH 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 RICHBOROUGH 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 RICHBOROUGH WAY?

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