9, LAKEMEAD, ASHFORD, TN23 4XX - £415,000

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

9 LAKEMEAD is a midsized detached house of 116m², built sometime between 1967 and 1975. It was last sold for £415,000 in November 2022, which was around 25% below the average November 2022 detached price in the Ashford local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

9 LAKEMEAD Sold Prices

Land registry data shows four sales for 9 LAKEMEAD 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 9 LAKEMEAD 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 30 NOV	£415,000	£557,025	25% below HPI
2017 16 FEB	£310,500	£431,966	28% below HPI
2006 17 FEB	£215,000	£286,191	25% below HPI
2002 24 JAN	£132,000	£194,285	32% below HPI

9 LAKEMEAD 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 9 LAKEMEAD sales between January 2002 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 February 2017 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 9 LAKEMEAD?

9 LAKEMEAD is 116m² according to the EPC inspection conducted in June 2022. This puts it in the largest 50% of detached houses in Ashford, based on EPC data. The below chart shows the distribution of detached houses by size in Ashford, and where 9 LAKEMEAD lies on this distribution: 55% of detached houses are smaller than 9 LAKEMEAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Ashford.

9 LAKEMEAD: Plot and Title Map

9 LAKEMEAD sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 9 LAKEMEAD, 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 9 LAKEMEAD). 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 9 LAKEMEAD?

9 LAKEMEAD is located in ASHFORD, in the TN23 postcode district. The below map shows the position of No. 9 on LAKEMEAD.