9, MERINO WAY, KINGSNORTH, ASHFORD, TN23 3GS - £410,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

9 MERINO WAY is a midsized detached house of 118m², built sometime between 1996 and 2002. It was last sold for £410,000 in October 2017, which was around 7% below the average October 2017 detached price in the Ashford local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

9 MERINO WAY Sold Prices

Land registry data shows three sales for 9 MERINO WAY 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 9 MERINO 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
2017 26 OCT	£410,000	£438,547	7% below HPI
2008 27 JUN	£249,995	£327,248	24% below HPI
2002 27 FEB	£177,995	£195,721	9% below HPI

9 MERINO 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 three 9 MERINO WAY sales between February 2002 and October 2017 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 June 2008 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2017 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 9 MERINO WAY?

9 MERINO WAY is 118m² according to the EPC inspection conducted in July 2017. 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 MERINO WAY lies on this distribution: 57% of detached houses are smaller than 9 MERINO WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Ashford.

9 MERINO WAY: Plot and Title Map

9 MERINO WAY sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 9 MERINO 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 9 MERINO 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 9 MERINO WAY?

9 MERINO WAY is located in KINGSNORTH, in the TN23 postcode district. The below map shows the position of No. 9 on MERINO WAY.