ASHMERE, MAIDSTONE ROAD, MATFIELD, TONBRIDGE, TN12 7LE - £615,000

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

ASHMERE is a midsized extended detached house of 145m², built sometime between 1950 and 1966. It was last sold for £615,000 in September 2019, which was around 18% below the average September 2019 detached price in the Tunbridge Wells local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

ASHMERE Sold Prices

Land registry data shows three sales for ASHMERE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tunbridge Wells local authority area for the corresponding sale date. All of the three ASHMERE 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
2019 18 SEP	£615,000	£745,645	18% below HPI
2006 14 FEB	£365,000	£425,151	14% below HPI
2004 12 JAN	£275,000	£388,550	29% below HPI

ASHMERE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tunbridge Wells local authority area over time, sourced from the HPI. The three ASHMERE sales between January 2004 and September 2019 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 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is ASHMERE?

ASHMERE is 145m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the smallest 50% of detached houses in Matfield, based on EPC data. The below chart shows the distribution of detached houses by size in Matfield, and where ASHMERE lies on this distribution: 44% of detached houses are smaller than ASHMERE, and 56% of houses are larger. Note that EPC data is not available for all properties in Matfield.

ASHMERE: Plot and Title Map

ASHMERE sits on a plot of roughly 0.273 of an acre, or 1,106m². The below map shows the location of ASHMERE, 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 ASHMERE). 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 ASHMERE?

ASHMERE is located on MAIDSTONE ROAD in MATFIELD, in the TN12 postcode district. The below map shows the position of ASHMERE on MAIDSTONE ROAD.