HEATHERLEA, MAIDSTONE ROAD, ASHFORD, TN24 8UB - £640,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

HEATHERLEA is a small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £738,078. It was last sold for £640,000 in September 2020, which was around 32% above the average September 2020 detached price in the Ashford local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was D.

HEATHERLEA Sold Prices

Land registry data shows three sales for HEATHERLEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Ashford local authority area for the corresponding sale date. Two of the three HEATHERLEA sales were for above the average price, whilst one was 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
2020 25 SEP	£640,000	£483,639	32% above HPI
2012 8 MAY	£300,000	£309,923	3% below HPI
2005 20 DEC	£300,000	£292,430	3% above HPI

HEATHERLEA 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 three HEATHERLEA sales between December 2005 and September 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 May 2012 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2020 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might HEATHERLEA be worth now?

HEATHERLEA might now be worth an estimated £738,078.

This is based on house price inflation of 15.3%, between September 2020 and March 2025, for detached houses, in the Ashford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.3% inflationary increase is applied to the most recent sale price for HEATHERLEA of £640,000 on 25th September 2020. For the value to have increased from £640,000 to £738,078 over the five years and six months to March 2025, the following assumptions must hold true:

• The value of HEATHERLEA has moved in line with the HPI for detached houses in the Ashford local authority area.
• The September 2020 sale price of £640,000 represented a fair market value for the property.
• The size, condition, and specification of HEATHERLEA has not materially changed since September 2020.

How Large is HEATHERLEA?

HEATHERLEA is 90m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 30% of detached houses houses in Ashford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ashford, and where HEATHERLEA lies on this distribution: 23% of detached houses houses are smaller than HEATHERLEA, and 77% of houses are larger. Note that EPC data is not available for all properties in Ashford.

HEATHERLEA: Plot and Title Map

HEATHERLEA sits on a plot of roughly 0.328 of an acre, or 1,326m². The below map shows the location of HEATHERLEA, 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 HEATHERLEA). 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 HEATHERLEA?

HEATHERLEA is located on MAIDSTONE ROAD in ASHFORD, in the TN24 postcode district. The below map shows the position of HEATHERLEA on MAIDSTONE ROAD.