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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 MENDIP is a small extended detached house of 104m², built sometime between 1967 and 1975, which could now be worth an estimated £388,008. It was last sold for £298,000 in August 2016, which was around 31% 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	£431,460	31% below HPI
2006 17 MAR	£215,000	£291,945	26% below HPI
1999 26 MAR	£92,000	£131,562	30% 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2016 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 8 MENDIP be worth now?

8 MENDIP might now be worth an estimated £388,008.

This is based on house price inflation of 30.2%, between August 2016 and February 2025, for detached houses, in the Ashford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 30.2% inflationary increase is applied to the most recent sale price for 8 MENDIP of £298,000 on 23rd August 2016. For the value to have increased from £298,000 to £388,008 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 8 MENDIP has moved in line with the HPI for detached houses in the Ashford local authority area.
• The August 2016 sale price of £298,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MENDIP has not materially changed since August 2016.

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 houses in Ashford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashford, and where 8 MENDIP lies on this distribution: 37% of detached houses 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.