7, MERINO WAY, KINGSNORTH, ASHFORD, TN23 3GS - £435,000

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 MERINO WAY is a large detached house of 135m², built sometime between 1996 and 2002. It was last sold for £435,000 in September 2019, which was around 7% below the average September 2019 detached price in the Ashford local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

7 MERINO WAY Sold Prices

Land registry data shows five sales for 7 MERINO 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 MERINO 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
2019 13 SEP	£435,000	£467,723	7% below HPI
2011 9 SEP	£292,500	£305,267	4% below HPI
2005 22 APR	£270,000	£271,793	1% below HPI
2003 17 OCT	£249,950	£255,524	2% below HPI
2002 10 MAY	£200,000	£203,026	1% below HPI

7 MERINO 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 MERINO WAY sales between May 2002 and September 2019 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 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2019 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 7 MERINO WAY?

7 MERINO WAY is 135m² according to the EPC inspection conducted in September 2010. This puts it in the largest 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 7 MERINO WAY lies on this distribution: 75% of detached houses are smaller than 7 MERINO WAY, and 25% of houses are larger. Note that EPC data is not available for all properties in Ashford.

7 MERINO WAY: Plot and Title Map

7 MERINO WAY sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 7 MERINO 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 MERINO 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 MERINO WAY?

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