8, MENDIP, ASHFORD, TN24 8QU - £298,000

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 MENDIP is a small extended detached house of 104m², built sometime between 1967 and 1975. It was last sold for £298,000 in August 2016, which was around 30% below the average August 2016 detached price in the Ashford local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

8 MENDIP Sold Prices

Land registry data shows three sales for 8 MENDIP 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 8 MENDIP 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
2016 23 AUG	£298,000	£425,579	30% below HPI
2006 17 MAR	£215,000	£287,966	25% below HPI
1999 26 MAR	£92,000	£129,769	29% below HPI

8 MENDIP 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 8 MENDIP sales between March 1999 and August 2016 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 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2016 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 8 MENDIP?

8 MENDIP is 104m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% 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 MENDIP lies on this distribution: 37% of detached houses are smaller than 8 MENDIP, and 62% of houses are larger. Note that EPC data is not available for all properties in Ashford.

8 MENDIP: Plot and Title Map

8 MENDIP sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 8 MENDIP, 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 MENDIP). 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 MENDIP?

8 MENDIP is located in ASHFORD, in the TN24 postcode district. The below map shows the position of No. 8 on MENDIP.