7, MARMION WAY, ASHFORD, TN23 5HY - £209,000

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

7 MARMION WAY is a very small detached house of 75m², built sometime from 2007 onwards. It was last sold for £209,000 in June 2021, which was around 57% below the average June 2021 detached price in the Ashford local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was C.

7 MARMION WAY Sold Prices

Land registry data shows five sales for 7 MARMION WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. All of the five 7 MARMION 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
2021 10 JUN	£209,000	£488,868	57% below HPI
2021 27 MAY	£205,000	£486,974	58% below HPI
2014 28 FEB	£156,000	£325,270	52% below HPI
2010 29 JAN	£150,000	£296,775	49% below HPI
2004 12 NOV	£139,950	£283,625	51% below HPI

7 MARMION 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 five 7 MARMION WAY sales between November 2004 and June 2021 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 May 2021 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the June 2021 sale, where it rises to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 7 MARMION WAY?

7 MARMION WAY is 75m² according to the EPC inspection conducted in November 2019. 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 7 MARMION WAY lies on this distribution: 8% of detached houses are smaller than 7 MARMION WAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Ashford.

7 MARMION WAY: Plot and Title Map

7 MARMION WAY sits on a plot of roughly 0.027 of an acre, or 107m². The below map shows the location of 7 MARMION 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 7 MARMION 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 7 MARMION WAY?

7 MARMION WAY is located in ASHFORD, in the TN23 postcode district. The below map shows the position of No. 7 on MARMION WAY.