8, FRIESIAN WAY, KENNINGTON, ASHFORD, TN24 9LE - £385,000

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

8 FRIESIAN WAY is a small extended detached house of 92m², built sometime between 1996 and 2002. It was last sold for £385,000 in November 2022, which was around 31% below the average November 2022 detached price in the Ashford local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

8 FRIESIAN WAY Sold Prices

Land registry data shows four sales for 8 FRIESIAN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. All of the four 8 FRIESIAN 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
2022 9 NOV	£385,000	£557,025	31% below HPI
2021 1 MAR	£338,000	£483,144	30% below HPI
2010 24 MAY	£238,000	£304,918	22% below HPI
2000 14 JUL	£119,000	£166,901	29% below HPI

8 FRIESIAN 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 four 8 FRIESIAN WAY sales between July 2000 and November 2022 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 March 2021 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 8 FRIESIAN WAY?

8 FRIESIAN WAY is 92m², which includes one extension, according to the EPC inspection conducted in June 2020. 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 8 FRIESIAN WAY lies on this distribution: 26% of detached houses are smaller than 8 FRIESIAN WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Ashford.

8 FRIESIAN WAY: Plot and Title Map

8 FRIESIAN WAY sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 8 FRIESIAN 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 8 FRIESIAN 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 8 FRIESIAN WAY?

8 FRIESIAN WAY is located in KENNINGTON, in the TN24 postcode district. The below map shows the position of No. 8 on FRIESIAN WAY.