PALACE CORNER, THE HILL, CHARING, ASHFORD, TN27 0LU - £955,000

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.

PALACE CORNER is a large extended detached house of 192m², built sometime between 1930 and 1949, which could now be worth an estimated £950,023. It was last sold for £955,000 in November 2022, which was around 69% above the average November 2022 detached price in the Ashford local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

PALACE CORNER Sold Prices

Land registry data shows three sales for PALACE CORNER 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. All of the three PALACE CORNER 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
2022 8 NOV	£955,000	£564,722	69% above HPI
2014 24 OCT	£499,999	£364,994	37% above HPI
2009 28 AUG	£495,000	£291,737	70% above HPI

PALACE CORNER 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 PALACE CORNER sales between August 2009 and November 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 October 2014 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the November 2022 sale, where it rises to 69% above the HPI. The line then continues to track at 69% above the HPI.

What might PALACE CORNER be worth now?

PALACE CORNER might now be worth an estimated £950,023.

This is based on house price deflation of 0.5%, between November 2022 and February 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 0.5% deflationary decrease is applied to the most recent sale price for PALACE CORNER of £955,000 on 8th November 2022. For the value to have decreased from £955,000 to £950,023 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of PALACE CORNER has moved in line with the HPI for detached houses in the Ashford local authority area.
• The November 2022 sale price of £955,000 represented a fair market value for the property.
• The size, condition, and specification of PALACE CORNER has not materially changed since November 2022.

How Large is PALACE CORNER?

PALACE CORNER is 192m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 40% of detached houses houses in Charing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Charing, and where PALACE CORNER lies on this distribution: 64% of detached houses houses are smaller than PALACE CORNER, and 36% of houses are larger. Note that EPC data is not available for all properties in Charing.

PALACE CORNER: Plot and Title Map

PALACE CORNER sits on a plot of roughly 0.365 of an acre, or 1,477m². The below map shows the location of PALACE CORNER, 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 PALACE CORNER). 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 PALACE CORNER?

PALACE CORNER is located on THE HILL in CHARING, in the TN27 postcode district. The below map shows the position of PALACE CORNER on THE HILL.