BELL COTTAGE, THE FORSTAL, MERSHAM, ASHFORD, TN25 6NU - £605,000

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

BELL COTTAGE is a small extended detached house of 123m², built sometime before 1900. It was last sold for £605,000 in March 2020, which was around 30% above the average March 2020 detached price in the Ashford local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

BELL COTTAGE Sold Prices

Land registry data shows two sales for BELL COTTAGE 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 BELL COTTAGE 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
2020 13 MAR	£605,000	£464,427	30% above HPI
2009 7 JUL	£440,000	£282,794	56% above HPI

BELL COTTAGE 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 BELL COTTAGE sales from July 2009 and March 2020 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 July 2009 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the March 2020 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

How Large is BELL COTTAGE?

BELL COTTAGE is 123m², which includes three extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 30% of detached houses in Mersham, based on EPC data. The below chart shows the distribution of detached houses by size in Mersham, and where BELL COTTAGE lies on this distribution: 23% of detached houses are smaller than BELL COTTAGE, and 77% of houses are larger. Note that EPC data is not available for all properties in Mersham.

BELL COTTAGE: Plot and Title Map

BELL COTTAGE sits on a plot of roughly 0.203 of an acre, or 821m². The below map shows the location of BELL COTTAGE, 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 BELL COTTAGE). 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 BELL COTTAGE?

BELL COTTAGE is located on THE FORSTAL in MERSHAM, in the TN25 postcode district. The below map shows the position of BELL COTTAGE on THE FORSTAL.