GORSEWOOD, STEEDS LANE, KINGSNORTH, ASHFORD, TN26 1NQ - £550,000

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

GORSEWOOD is a very large extended detached house of 189m², built sometime between 1950 and 1966. It was last sold for £550,000 in August 2018, which was around 20% above the average August 2018 detached price in the Ashford local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was A.

GORSEWOOD Sold Prices

Land registry data shows four sales for GORSEWOOD 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 GORSEWOOD 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
2018 23 AUG	£550,000	£456,757	20% above HPI
2003 4 JUL	£272,500	£253,212	8% above HPI
2002 19 APR	£222,500	£199,581	11% above HPI
1998 9 JAN	£137,000	£118,913	15% above HPI

GORSEWOOD 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 GORSEWOOD sales between January 1998 and August 2018 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 2003 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the August 2018 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is GORSEWOOD?

GORSEWOOD is 189m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 20% of detached houses in Kingsnorth, based on EPC data. The below chart shows the distribution of detached houses by size in Kingsnorth, and where GORSEWOOD lies on this distribution: 83% of detached houses are smaller than GORSEWOOD, and 17% of houses are larger. Note that EPC data is not available for all properties in Kingsnorth.

GORSEWOOD: Plot and Title Map

GORSEWOOD sits on a plot of roughly 0.402 of an acre, or 1,627m². The below map shows the location of GORSEWOOD, 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 GORSEWOOD). 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 GORSEWOOD?

GORSEWOOD is located on STEEDS LANE in KINGSNORTH, in the TN26 postcode district. The below map shows the position of GORSEWOOD on STEEDS LANE.