BOWER PLACE, BOWER ROAD, MERSHAM, ASHFORD, TN25 6NN - £455,000

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

BOWER PLACE is a very large extended detached house of 241m², built sometime between 1950 and 1966. It was last sold for £455,000 in October 2004, which was around 64% above the average October 2004 detached price in the Ashford local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

BOWER PLACE Sold Prices

Land registry data shows two sales for BOWER PLACE 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 BOWER PLACE 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
2004 15 OCT	£455,000	£277,018	64% above HPI
2004 28 MAY	£436,000	£265,467	64% above HPI

BOWER PLACE 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 BOWER PLACE sales from May 2004 and October 2004 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 May 2004 sale was for 64% above the HPI. So the extrapolation line tracks at 64% above the HPI over time, until the October 2004 sale, which was also at 64% above the HPI.

How Large is BOWER PLACE?

BOWER PLACE is 241m², which includes two extensions, according to the EPC inspection conducted in July 2014. This puts it in the largest 20% of detached houses in Mersham, based on EPC data. The below chart shows the distribution of detached houses by size in Mersham, and where BOWER PLACE lies on this distribution: 88% of detached houses are smaller than BOWER PLACE, and 12% of houses are larger. Note that EPC data is not available for all properties in Mersham.

BOWER PLACE: Plot and Title Map

BOWER PLACE sits on a plot of roughly 0.544 of an acre, or 2,200m². The below map shows the location of BOWER PLACE, 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 BOWER PLACE). 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 BOWER PLACE?

BOWER PLACE is located on BOWER ROAD in MERSHAM, in the TN25 postcode district. The below map shows the position of BOWER PLACE on BOWER ROAD.