7, NEW RECTORY LANE, KINGSNORTH, ASHFORD, TN23 3LY - £385,000

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 NEW RECTORY LANE is a midsized extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £385,000 in February 2021, which was around 20% below the average February 2021 detached price in the Ashford local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

7 NEW RECTORY LANE Sold Prices

Land registry data shows three sales for 7 NEW RECTORY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. All of the three 7 NEW RECTORY LANE 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 26 FEB	£385,000	£483,170	20% below HPI
2005 6 MAY	£226,500	£269,536	16% below HPI
1996 26 JUL	£94,000	£96,663	3% below HPI

7 NEW RECTORY LANE 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 three 7 NEW RECTORY LANE sales between July 1996 and February 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 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2021 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 7 NEW RECTORY LANE?

7 NEW RECTORY LANE is 109m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% 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 NEW RECTORY LANE lies on this distribution: 44% of detached houses are smaller than 7 NEW RECTORY LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Ashford.

7 NEW RECTORY LANE: Plot and Title Map

7 NEW RECTORY LANE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 7 NEW RECTORY LANE, 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 NEW RECTORY LANE). 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 NEW RECTORY LANE?

7 NEW RECTORY LANE is located in KINGSNORTH, in the TN23 postcode district. The below map shows the position of No. 7 on NEW RECTORY LANE.