HIGHLANDS, BOWER ROAD, MERSHAM, ASHFORD, TN25 6NN - £400,000

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

HIGHLANDS is a very small extended detached house of 97m², built sometime between 1950 and 1966. It was last sold for £400,000 in February 2020, which was around 14% below the average February 2020 detached price in the Ashford local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

HIGHLANDS Sold Prices

Land registry data shows two sales for HIGHLANDS 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 HIGHLANDS 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
2020 7 FEB	£400,000	£467,131	14% below HPI
2003 16 SEP	£175,000	£259,831	33% below HPI

HIGHLANDS 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 HIGHLANDS sales from September 2003 and February 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 September 2003 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the February 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is HIGHLANDS?

HIGHLANDS is 97m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses in Mersham, based on EPC data. The below chart shows the distribution of detached houses by size in Mersham, and where HIGHLANDS lies on this distribution: 10% of detached houses are smaller than HIGHLANDS, and 90% of houses are larger. Note that EPC data is not available for all properties in Mersham.

HIGHLANDS: Plot and Title Map

HIGHLANDS sits on a plot of roughly 0.301 of an acre, or 1,216m². The below map shows the location of HIGHLANDS, 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 HIGHLANDS). 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 HIGHLANDS?

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