78, GRASMERE ROAD, KENNINGTON, ASHFORD, TN24 9BG - £375,000

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

78 GRASMERE ROAD is a small extended detached house of 93m², built sometime between 1976 and 1982. It was last sold for £375,000 in August 2023, which was around 31% below the average August 2023 detached price in the Ashford local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

78 GRASMERE ROAD Sold Prices

Land registry data shows two sales for 78 GRASMERE ROAD 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 78 GRASMERE ROAD 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
2023 4 AUG	£375,000	£545,685	31% below HPI
2021 17 SEP	£330,000	£504,199	35% below HPI

78 GRASMERE ROAD 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 78 GRASMERE ROAD sales from September 2021 and August 2023 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 2021 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2023 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 78 GRASMERE ROAD?

78 GRASMERE ROAD is 93m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 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 78 GRASMERE ROAD lies on this distribution: 26% of detached houses are smaller than 78 GRASMERE ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Ashford.

78 GRASMERE ROAD: Plot and Title Map

78 GRASMERE ROAD sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 78 GRASMERE ROAD, 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 78 GRASMERE ROAD). 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 78 GRASMERE ROAD?

78 GRASMERE ROAD is located in KENNINGTON, in the TN24 postcode district. The below map shows the position of No. 78 on GRASMERE ROAD.