BROADLANDS, BLIND LANE, MERSHAM, ASHFORD, TN25 7HB - £750,000

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

BROADLANDS is a large extended detached house of 175m², built sometime between 1930 and 1949. It was last sold for £750,000 in May 2022, which was around 38% above the average May 2022 detached price in the Ashford local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

BROADLANDS Sold Prices

Land registry data shows four sales for BROADLANDS 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. Most of the four BROADLANDS 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
2022 31 MAY	£750,000	£543,464	38% above HPI
2004 7 JAN	£230,000	£260,377	12% below HPI
2000 1 NOV	£130,000	£169,578	23% below HPI
1995 22 SEP	£74,000	£100,813	27% below HPI

BROADLANDS 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 BROADLANDS sales between September 1995 and May 2022 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 January 2004 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2022 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is BROADLANDS?

BROADLANDS is 175m², which includes three extensions, according to the EPC inspection conducted in August 2019. This puts it in the largest 40% of detached houses in Mersham, based on EPC data. The below chart shows the distribution of detached houses by size in Mersham, and where BROADLANDS lies on this distribution: 64% of detached houses are smaller than BROADLANDS, and 35% of houses are larger. Note that EPC data is not available for all properties in Mersham.

BROADLANDS: Plot and Title Map

BROADLANDS sits on a plot of roughly 0.301 of an acre, or 1,219m². The below map shows the location of BROADLANDS, 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 BROADLANDS). 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 BROADLANDS?

BROADLANDS is located on BLIND LANE in MERSHAM, in the TN25 postcode district. The below map shows the position of BROADLANDS on BLIND LANE.