BANKWELL HOUSE, CHARING HEATH, ASHFORD, TN27 0BA - £440,000

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

BANKWELL HOUSE is a small detached house of 133m², built sometime between 1983 and 1990. It was last sold for £440,000 in August 2015, which was around 16% above the average August 2015 detached price in the Ashford local authority area. The most recent EPC inspection was January 2015, where the current energy rating was E, and the potential energy rating was B.

BANKWELL HOUSE Sold Prices

Land registry data shows four sales for BANKWELL HOUSE 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 BANKWELL HOUSE sales were for above 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
2015 7 AUG	£440,000	£379,171	16% above HPI
2005 12 AUG	£360,000	£279,795	29% above HPI
2004 12 OCT	£332,500	£277,018	20% above HPI
2002 23 AUG	£305,000	£221,262	38% above HPI

BANKWELL HOUSE 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 BANKWELL HOUSE sales between August 2002 and August 2015 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 2005 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the August 2015 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is BANKWELL HOUSE?

BANKWELL HOUSE is 133m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 40% of detached houses in Charing Heath, based on EPC data. The below chart shows the distribution of detached houses by size in Charing Heath, and where BANKWELL HOUSE lies on this distribution: 34% of detached houses are smaller than BANKWELL HOUSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Charing Heath.

BANKWELL HOUSE: Plot and Title Map

BANKWELL HOUSE sits on a plot of roughly 0.120 of an acre, or 487m². The below map shows the location of BANKWELL HOUSE, 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 BANKWELL HOUSE). 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 BANKWELL HOUSE?

BANKWELL HOUSE is located in CHARING HEATH, in the TN27 postcode district. The below map shows the position of BANKWELL HOUSE in CHARING HEATH.