8, SOUTH LEA, KINGSNORTH, ASHFORD, TN23 3EH - £323,000

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 SOUTH LEA is a midsized extended detached house of 114m², built sometime between 1983 and 1990. It was last sold for £323,000 in October 2007, which was around 5% below the average October 2007 detached price in the Ashford local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

8 SOUTH LEA Sold Prices

Land registry data shows two sales for 8 SOUTH LEA 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 8 SOUTH LEA 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
2007 26 OCT	£323,000	£338,724	5% below HPI
2004 12 AUG	£250,000	£272,546	8% below HPI

8 SOUTH LEA 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 8 SOUTH LEA sales from August 2004 and October 2007 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 August 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the October 2007 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 SOUTH LEA?

8 SOUTH LEA is 114m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 50% of detached houses in Kingsnorth, based on EPC data. The below chart shows the distribution of detached houses by size in Kingsnorth, and where 8 SOUTH LEA lies on this distribution: 48% of detached houses are smaller than 8 SOUTH LEA, and 52% of houses are larger. Note that EPC data is not available for all properties in Kingsnorth.

8 SOUTH LEA: Plot and Title Map

8 SOUTH LEA sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 8 SOUTH LEA, 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 SOUTH LEA). 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 SOUTH LEA?

8 SOUTH LEA is located in KINGSNORTH, in the TN23 postcode district. The below map shows the position of No. 8 on SOUTH LEA.