50, CHERRYWOOD RISE, ASHFORD, TN25 4QA - £295,000

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

50 CHERRYWOOD RISE is a very small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £295,000 in November 2016, which was around 31% below the average November 2016 detached price in the Ashford local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

50 CHERRYWOOD RISE Sold Prices

Land registry data shows two sales for 50 CHERRYWOOD RISE 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 50 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
2016 25 NOV	£295,000	£427,033	31% below HPI
1998 19 JUN	£103,000	£124,833	17% below HPI

50 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 two 50 CHERRYWOOD RISE sales from June 1998 and November 2016 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 June 1998 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the November 2016 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 50 CHERRYWOOD RISE?

50 CHERRYWOOD RISE is 83m² according to the EPC inspection conducted in June 2012. 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 50 CHERRYWOOD RISE lies on this distribution: 16% of detached houses are smaller than 50 CHERRYWOOD RISE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ashford.

50 CHERRYWOOD RISE: Plot and Title Map

50 CHERRYWOOD RISE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 50 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 50 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 50 CHERRYWOOD RISE?

50 CHERRYWOOD RISE is located in ASHFORD, in the TN25 postcode district. The below map shows the position of No. 50 on CHERRYWOOD RISE.